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PageGroup: Fourth-Quarter and Full-Year 2015 Trading Update

PageGroup News Release (01/12/16)

PageGroup reported gross profits of £135.6 million in the fourth quarter of 2015, down 0.5% (up 5.3% in constant currency) from £136.3 million in the fourth quarter of 2014. Gross profits in the Americas totaled £18.8 million, down 4.1% (up 5.4% in constant currency) from £19.6 million in the year-ago quarter.

For all of 2015, gross profits totaled £555.9 million, up 4.3% (9.2% in constant currency) from £532.8 million in 2014. In the Americas, full-year gross profits totaled £78.4 million, up 1.9% (7.3% in constant currency) from £76.9 million in 2014. Net cash totaled £93 million at the end of 2015, up from £90 million at the end of 2014.