skip to Main Content
Get your free newsletter: Actionable insight each morning for self-directed investors. 
Home » UK Shares » Three Quick Facts » Three Quick Facts: SThree, Pearson and Shell

Here are three things you need to know in the financial markets this morning from investment writer, Tony Cross.

#1.  Record year for specialist recruiter SThree

The specialist science and technology recruiter SThree [LON:STEM] has published full year results this morning, covering the year to 30th November. Revenues were up 11% but this drove a 94% increase in operating profits, resulting in a 60% uptick in dividend payments. This makes for a record breaking full year performance and management notes strong momentum, leading to the expectation that double digit growth will be seen again in the year ahead.

#2. Pearson buys digital credentials provider – at a punchy price

Pearson [LON:PSON] has notified the market that this morning it has acquired Credly, a market leader in digital credentials and certification for the workforce. Pearson already had a 20% stake in the company, but the move is seen as the company looking to harness the growing demand for digital credentials to recognise skills and certification in a global market believed to be worth $400bn. The deal valued Credly – which currently has sales of $13.3m – at $200m.

#3. Shell – end of A&B share classification

Is it just an administrative stroke of a pencil or momentous change for many market watchers this morning, as Shell [LON:SHEL] has today confirmed the assimilation of the company’s A & B shares into a single line? The simplification had been announced at the end of last year and has no impact on the number of shares issued, but reflects the decision to align the share structure with its UK incorporated status.

Related

This article is not investment advice. Investors should do their own research or consult a professional advisor.

Tony Cross

Tony Cross

Tony Cross is a market commentator with over 15 years of experience, producing compelling, insightful copy for journalists and investors alike. Focusing on macroeconomics, UK blue chip equities and inter market analysis, Cross's commentary is well regarded for its clarity and ability to cut through the waffle. He has been quoted in publications as diverse as The Financial Times, The Times, The Guardian and The Sun. He has also been a regular guest on both Share Radio and TipTV.

Stocks in Focus

Here are some of the smaller companies we follow most closely. They represent significant growth stories in our view. Our in-depth reports detail why we like them.

Comments

Subscribe for more stories like this, 8am weekdays - for free!


Get your free daily newsletter: 

Thanks to our Partners

Our partners are established, regulated businesses and we are grateful for their support.

Pepperstone
FP Markets
IG
Spreadex
WisdomTree
ActivTrades
Back To Top