PageGroup reports a decline in gross profit for Q2 due to challenging market conditions.

From Nasdaq MarketSite: 2024-07-09 02:17:37

PageGroup plc reported a decline in gross profit of 15% in reported rates or 12% in constant currencies for the second quarter. First-half gross profit was also down by 15.7% in reported basis or 12.4% in constant currencies. CEO Nicholas Kirk attributed this to challenging market conditions and decreased activity levels. Due to weaker trading in June and increased uncertainty, the Group now expects full year 2024 operating profit to be around 60 million pounds. The first half results will be released on August 8, 2024. For more earnings news and updates, visit rttnews.com.



Read more at Nasdaq MarketSite: PageGroup Q2 Gross Profit Down 12.0% YoY – Quick Facts