Recruitment Page Group has returned to profitability and said it will provide shareholders with £100 million as a employer Rebound from the Covid-19 disruption and launch a recruitment plan.
Page groupCEO Steve Ingham told The Evening Standard: “Since the beginning of this year, London has definitely picked up, especially in high-end jobs, mainly for long-term positions.”
He added: “We expect that white-collar temporary jobs will return strongly when the city government offices are fully opened. The global demand for banking jobs has been strong, and London is no exception.”
In the six months ended June 30, the United Kingdom accounted for 14% of the company’s gross profit for the first half of the year.
In the first half of the year, the group’s total revenue was 766.4 million pounds, a year-on-year increase of 17%. The pre-tax profit was 63.7 million pounds, which was an improvement from the loss of 800,000 pounds.
An interim dividend of 4.7 pence per share was declared, and a special dividend of 26.71 pence was declared. In total, this is equivalent to providing shareholders with a cash return of 100 million pounds, which will be paid on October 13.
PageGroup’s Ingham warned: “Looking forward, as Covid-19 remains a major issue and the group’s multiple markets continue to be restricted, global macroeconomic uncertainties will continue to exist. In addition, in the present recovery At this stage, it is not clear whether the improvement in performance is still the result of suppressed supply and demand, or a sustainable trend.”
But the company still expects full-year operating profit to be between 125 million and 135 million pounds.



