PageGroup gross profit up but UK still struggling
11th Jan 2017 08:01
(ShareCast News) - FTSE 250 recruiter PageGroup posted a rise in fourth-quarter gross profit and said it expects operating profit for 2016 to be towards the top end of the range of market forecasts. Group gross profit was up 3.8% to £163.4m, marking a record quarter for the group, although gross pro
Read moreHSBC upgrades recruiters on likely inflation boost
21st Nov 2016 10:23
(ShareCast News) - HSBC upgraded staffing groups Page, Hays and SThree to 'buy' ratings as the sector is seen as a key beneficiary of impending inflation. Trading down at the low end of where they would expect to be in the cycle compared to industrial stocks, HSBC said recruiters are cheaper relativ
Read moreWednesday newspaper share tips: Page Group, Phillips 66, Volution Group
12th Oct 2016 15:41
(ShareCast News) - As one might have expected, Page Group saw business slow down after Brexit, but by nowhere near as much as analysts had expected, The Times's Tempus pointed out. Hiring slowed ahead of the referendum vote but the 4.7% drop in fee income from the UK was not as bad as feared by the
Read moreWednesday broker round-up
12th Oct 2016 14:40
(ShareCast News) - Shire: Goldman Sachs keeps at buy with a target price of 6300p. Page Group: HSBC reiterates hold, 385p target. McCarthy & Stone: UBS keeps at sell with a 150p target. Arrow Global: Macquarie reiterates outperform with a 335p target. Electrocomponents: Citigroup keeps at neutral
Read moreFTSE 250 movers: Clothing retailers outstrip weight of gold miners
11th Oct 2016 14:32
(ShareCast News) - While its larger sibling fell into the red after soaring to record levels, the FTSE 250 was still in positive territory on Tuesday afternoon, as positive earnings reports provided good cheer. After some difficult months for the sector as weather played havoc with their seasonal sa
Read morePageGroup reports rise in Q3 profit but cautious on UK, short-term outlook
11th Oct 2016 07:44
(ShareCast News) - FTSE 250 recruitment firm PageGroup reported a rise in total third-quarter profit but a drop in the UK, as it expressed caution following the result of the EU referendum. Total gross profit was up 14.1% from the same period a year ago to £158.6m, but in the UK profit fell 4.7% to
Read moreFTSE 250 movers: Restaurant Group leads risers, Genus tops fallers
12th Aug 2016 15:32
(ShareCast News) - The FTSE 250 was up 0.62% to 17,918.63 points in Friday afternoon trade. The Restaurant Group was a top riser on London's second tier index after the pub and restaurant chain announced the departure of its chief executive Danny Breithaupt, who has been with the company for 15 year
Read morePageGroup reports increase in first half profits but cautious on outlook
11th Aug 2016 08:47
(ShareCast News) - Recruitment firm PageGroup on Thursday reported a 16% increase in first half pre-tax profits as revenues rose on the back of strong growth in Continental Europe and Latin America. Pre-tax profit edged up to £46.9m in the six months to 30 June from £40.4m in the same period a year
Read morePageGroup Q2 profits rise; Brexit worries hit UK ops
12th Jul 2016 07:24
(ShareCast News) - Recruitment specialist PageGroup said the uncertainty in the lead up to the Brexit vote had led to a decline in second quarter UK profits, although the group's gross profits were up 3.7% on constant currency rates to £156.9m. "It is too early to say how the result of the EU Refere
Read moreFriday newspaper share tips: Rio Tinto, Hays, PageGroup
1st Jul 2016 11:18
(ShareCast News) - Investors in Rio Tinto need not worry about yesterday´s unexpected change of control in Mongolia´s parliament, the Financial Times´s Lex column said. The opposition Mongolian People´s Party won control of the chamber by a landslide vote, prompting some to worry given that one of t
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