Half Year Results 

Europe keeps PageGroup special

Europe keeps PageGroup special

Weakness in sterling has continued to benefit global recruiter PageGroup (PAGE), pushing operating profit 20.9 per cent higher to £56.9m for the six months to June 2017, while constant-currency growth was modest by comparison at 9.2 per cent. The flattering effect of foreign exchange is expected to wane in the second half of the year. Still, shareholders can enjoy a near doubling in the special dividend (see table).

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now