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S3 Group interim results

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    S3 Group interim results

    Published some time ago (June) but for those that are interested:

    http://www.sthree.com/images/html_em...rim_lo-res.pdf

    Complete annual results should be released in the next few weeks (late Nov/early Dec).

    Snippets from the report:
    • "... The gross margin on contract placements increased slightly to 20.8% (2006: 20.6%)"
    • "... The number of active contractors at the half-year end increased by 14.7% to 4,974, and we also saw a year-on-year increase in average gross profit per day rates of 19.3% to £71.24"

    So if I get my sums right (unlikely, but here goes...) the typical S3 contractor costs the client about £342.50 and he/she receives about £271.26.

    And, assuming the numbers are correct, S3 are grossing about £354,348 per day from their contractors.

    Good money if you can get it...

    Padinka
    I'm not so think as you drunk I am...

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