UK's PageGroup rises after gross profit beats views
13/07/2026 08:11
BUZZ-UK's PageGroup rises after gross profit beats views ** Recruiter PageGroup PAGE.L up nearly 5% at 133.8 pence
** Co posted gross profit for the quarter ended June 30 that beat analyst expectations, according to a company-compiled consensus
** Expects 2026 operating profit to be in line with the company-compiled consensus of £28 mln
** Co said its cost-saving measures introduced amid tougher market conditions delivered about £40 mln in annualised savings
** RBC Capital Markets analyst Karl Green noted that about 50% of the company's markets were back to growth, with trends in Europe "much better than feared."
** Peer Hays HAYS.L down 4.6% at 44.9 pence
** PAGE down about 45% this year, as of last close
($1 = 0.7470 pounds)
(Reporting by Megha Kumari in Bengaluru)