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PageGroup Reports Third-Quarter Results

Page Group (10/14/2014)

PageGroup reported gross profits of £132.9 million for the third quarter of 2014, up 4.7% (11.6% in constant currency) from £126.9 million in the third quarter of 2013. Gross profits for the Americas totaled £20.0 million, down 0.8% (up 9.6% in constant currency) from £20.1 million in the year-ago quarter.

Gross profits from temporary recruitment totaled £31.5 million, up 2.0% (8.0% in constant currency) from £30.8 million. By segment, gross profits totaled £53.3 million for finance and accounting, up 1.2% (7.6% in constant currency) from £52.7 million in the third quarter of 2013; £27.3 million for legal, technology, human resources, secretarial, and health care, up 5.4% (12.6% in constant currency) from £25.9 million; £27 million for engineering, property and construction, procurement and supply chain, up 9.9% (17.5% in constant currency) from £24.5 million; and £25.3 million for marketing, sales, and retail, up 6.4% (13.0% in constant currency) from £23.8 million.