Michael Page International PLC
02 April 2004
Michael Page International plc
2 April 2004
2004 FIRST QUARTER TRADING UPDATE
Michael Page International plc, the specialist recruitment consultancy, reports
first quarter revenues (gross profit) of £48.1m, an increase of 12.3% over
£42.8m recorded in the first quarter of 2003.
In the UK, first quarter revenues were 18% up on the first quarter of 2003.
In Continental Europe, as anticipated, market conditions remained challenging
and first quarter revenues were 4% below the first quarter of 2003.
In Asia Pacific, first quarter revenues were 25% up on the first quarter of
2003, with Hong Kong and Singapore particularly strong.
In the Americas, first quarter revenues were 80% up on the first quarter of
2003. As planned, we opened an office in Boston at the beginning of March and
the Chicago office will open during the second quarter.
Commenting on the first quarter result, Chief Executive Terry Benson said: "
Whilst, as expected, trading conditions in Continental Europe remain tough, we
are encouraged by the increased activity levels we experienced in Asia Pacific,
The Americas and in particular the United Kingdom."
Enquiries:
Michael Page International plc
Terry Benson Chief Executive 01932 264000
Stephen Puckett Group Finance Director
Financial Dynamics
Richard Mountain 020 7269 7291
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.