Recruiter Michael Page sees challenging second half
RECRUITER Michael Page International said trading would remain challenging after first-half adjusted pre-tax profit fell 21 per cent to £36.1m, broadly as expected by the market.
“We anticipate a challenging second half as we enter the seasonally quieter summer period in both continental Europe and the UK,” chief executive Steve Ingram said today.
“This is set against tough comparables and an ongoing backdrop of economic uncertainty.”
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Hide AdThe company reported broadly flat gross profit of £274m for the first half last month.
Michael Page, which specialises in professional recruitment, said it expected full-year operating profit from trading activities to be broadly in line with estimates.