UK's PageGroup slips on cautious H2

Randstad NV

09/07/2024 08:25

(Updates)
    ** Shares of British recruiter PageGroup  PAGE.L  down about
13.2% at 367p
    ** Flags cautious view for H2 with FY operating profit
outlook of 60 million pound ($76.84 million)
    ** Says saw softening in activity levels through second
quarter
    ** Q2 gross profit fell 12% to 224.3 million pounds
    ** Fees in June down 18% 
    ** Shares of British recruiters Hays PLC  HAYS.L  down 4.6%
at 90.3p and SThree PLC  STEMS.L  down 4.2% at 424p
    ** European peers Adecco Group  ADEN.S  down 3.6%, Randstad
NV  RAND.AS  down 3%
    ** PAGE stock fell about 23% YTD


($1 = 0.7808 pounds)

 (Reporting by Yamini Kalia in Bengaluru)
 ((Yamini.Kalia@thomsonreuters.com))