No surprises from PageGroup

No surprises from PageGroup

Following the recent trading update, there were no further surprises lurking in PageGroup’s (PAGE) results for the first half of 2019. The recruiter's gross profit increased by 9.5 per cent at constant currencies to £434m on the back of double-digit growth in the Americas and its largest aggregate market comprising Europe, the Middle East and Africa (EMEA). The conversion rate (operating profit as a percentage of gross profit) improved by 0.4 percentage points to 17.4 per cent.

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