LOGO
LOGO

Corporate News

PageGroup Q2 Gross Profit Down 12.0% YoY - Quick Facts

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News
rttnewslogo20mar2024

PageGroup plc (MPGPF.PK,PAGE.L) reported second quarter gross profit of 224.3 million pounds, a decline of 15.0% in reported rates or down 12.0% in constant currencies. First-half gross profit was 444.2 million pounds, a decline of 15.7% in reported basis or down 12.4% in constant currencies.

Nicholas Kirk, CEO, PageGroup, said: "We continued to see challenging market conditions throughout the Group in second quarter and we experienced a softening in activity levels through the quarter, particularly in terms of new jobs registered and number of interviews."

Looking forward, the Group stated that, given the weaker than expected trading in June, recent increased geopolitical and macro-economic uncertainty and consequently a more cautious view for second half, the Board now expects full year 2024 operating profit to be in the region of 60 million pounds.

The Group will issue its first half results on 8 August 2024.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com.

For comments and feedback contact: editorial@rttnews.com

Business News

Global Economics Weekly Update - April 27 – May 01, 2026

May 01, 2026 15:54 ET
Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.

RELATED NEWS
Latest Updates on COVID-19