(Corrects to show full-year rise and to specify 12 pct fall
refers to UK and Ireland, paragraphs 1,3)
Dec 9 Recruiter SThree posted a 2
percent rise its full-year gross profit on Friday weighed by an
8 percent fall in Britain and Ireland hurt by a slowdown in
finance and the public sector partly due to Britain's vote to
leave the EU.
Adjusted pretax profit for the year to Nov. 30 is expected
to be slightly above the top end of market guidance of 37.3
million to 39 million pounds.
Fourth-quarter gross profit in constant currency for the UK
and Ireland fell 12 percent, a steeper fall that the 9 percent
drop seen in preceding two quarters.
SThree said it was focusing on expanding its UK and Ireland
business placing people in science and engineering jobs, given
the challenging market conditions in the finance and energy
It currently generates 75 percent of its gross profit
outside the UK and Ireland.
"Looking ahead to 2017, global political and macro-economic
uncertainties have increased across a number of our key
regions," CEO Gary Elden said in a statement.
(Reporting by Esha Vaish in Bengaluru)