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PageGroup ( (GB:PAGE) ) has issued an announcement.
PageGroup reported a challenging Q4 2024 with a 13% decline in group gross profit compared to the previous year, exacerbated by worsening market conditions in Europe, particularly in France and Germany. The company is adapting by reallocating resources to areas with potential long-term growth and has closed Shared Service Centres in the UK and Singapore, transitioning activities to other locations. Despite the tough environment, PageGroup is confident in its strategy due to its diversified business model, innovative use of technology, and a strong balance sheet.
More about PageGroup
PageGroup plc operates within the recruitment industry, offering both permanent and temporary recruitment services globally. The company focuses on various sectors including Engineering, Accounting, and Financial Services, with a significant presence in Europe, the Americas, Asia Pacific, and the UK.
YTD Price Performance: -9.37%
Average Trading Volume: 435,419
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £983.5M
Find detailed analytics on PAGE stock on TipRanks’ Stock Analysis page.
