PageGroup shares hit near decade low as Mideast conflict weighs on outlook, Q1 profit drops

Pagegroup

14/04/2026 08:25

** Shares of British recruiter PageGroup PAGE.L  fall as much as nearly 7% to 124p, their lowest levels since June 2016

**  Co warns that the Middle East conflict was contributing to greater uncertainty for the rest of the year; reports a 4.9% drop in first-quarter gross profit.

** "Despite some ongoing bright spots globally, particularly in the US and Asia, PAGE is experiencing lower levels of candidate and client confidence in Europe" - RBC Capital Markets analyst Karl Green on PageGroup

** Green expects ongoing confidence and earnings into fiscal 2026 and 2027 to be lower for PAGE

** Including the sessions' moves, the stock is down 43% YTD

(Reporting by Raechel Thankam Job)

((RaechelThankam.Job@thomsonreuters.com))