Page Group (08/13/2014)
Michael Page International PLC reported revenue of £512.2 million for the first half of 2014, up 1.8% (8.3% in constant currency) from £503.2 million in the first half of 2013. The company reported a gross profit of £263.7 million, up 0.7% (7.9% in constant currency) from £261.9 million in the year-ago period.
Revenue for the Americas totaled £37.3 million for the first half of 2014, down 4.5% (up 11.8% in constant currency) from £39.1 million in the first half of 2013. Revenue from temporary placements totaled £60.2 million, up 1.5% (6.4% in constant currency) from £59.3 million, while revenue from permanent placements totaled £203.5 million, up 0.4% (8.3% in constant currency) from £202.6 million.
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.