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PageGroup: Fourth-Quarter and Full-Year 2014 Trading Update

Page Group News Release (01/13/15)

PageGroup reported gross profits of £136.2 million for the fourth quarter of 2014, up 8.9% (12.9% in constant currency) from £125.1 million in the fourth quarter of 2013. In the Americas, gross profits totaled £19.6 million in the fourth quarter, up 15.2% (20.2% in constant currency) from £17 million in the year-ago quarter. Gross profits tied to temporary staffing totaled £33.9 million in the fourth quarter, up 7.1% (11.1% in constant currency) from £31.6 million in the 2013 fourth quarter.

For all of 2014, the company reported gross profits of £532.7 million, up 3.7% (10.0% in constant currency) from £513.9 million in 2013. In the Americas, gross profits totaled £76.9 million in 2014, up 0.8% (12.9% in constant currency) from £76.2 million in 2013. Gross profits tied to temporary staffing totaled £126.1 million in 2014, up 3.7% (8.5% in constant currency) from £121.7 million in 2013.