Recruitment firm Michael Page International PLC today reported profit of £57.0 million before tax in the year ended Dec. 31, a decline of 34% from 2011’s full-year profit. The company reported revenue of £989.9 million, a decline of 2% from 2011. Michael Page anticipates another challenging year in 2013. In North America, year-to-year gross profit was down by 3% in constant currency in the first half.
Exclusive Guide to Factoring for Staffing Companies
Whether your firm needs working capital to hire new talent, maximize a marketing opportunity, or extend client payment terms, factoring allows staffing companies to convert unpaid invoices into cash today. Download now to get answers to the top 10 questions related to accessing working capital via invoice financing.