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PageGroup H1 Pretax Profit Rises - Quick Facts

PageGroup plc (MPGPF.PK,PAGE.L) reported that its first-half profit before tax increased to 74.6 million pounds from 67.2 million pounds, prior year. Earnings per share was 16.8 pence compared to 15.4 pence. Group operating profit increased 11.4% to 75.6 million pounds, up 12.5% in reported rates.

First-half revenue increased to 820.5 million pounds from 751.6 million pounds, previous year.

Kelvin Stagg, CFO, said: "PageGroup delivered an increase of 9.5% in gross profit and 11.4% in operating profit in the first half of 2019, with fee earner productivity increasing 2.2% and the Group's conversion rate rising from 17.0% to 17.4%. This reflects our continued focus on productivity and conversion."

The Board has announced an interim dividend of 4.30 pence per share, an increase of 4.9% over last year. Also, the Board announced a special dividend of 12.73 pence per share.

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