UK's PageGroup slips as earnings drop, co withholds forecast

Pagegroup

09/04/2025 08:56

** British recruiter PageGroup's PAGE.L shares fall as much as 4.3% to 246 pence

** FTSE small cap index .FTSC down 1.7%

** PAGE announces a 15-million-pound ($19.25 million) cost reduction programme after reporting a 9% drop in Q1 gross profit to 194.2 mln pounds

** Co says not providing forward-looking guidance due to uncertainties from recent U.S. tariffs

** As of last close, shares down ~25.3% YTD

($1 = 0.7791 pounds)

 (Reporting by Rupali Chaudhary in Bengaluru)

 ((Rupali.Chaudhary@thomsonreuters.com))