Michael Page International PLC
07 October 2003
7 October 2003
THIRD QUARTER TRADING UPDATE
AND
CHANGE OF NON EXECUTIVE DIRECTORATE
Trading Update
Michael Page International plc the professional recruitment consultancy
announces third quarter revenue (gross profit) of £45.0m (Q3 2002: £47.8m), (Q2
2003: £45.0m).
Commenting, Terry Benson, Chief Executive of Michael Page said:
"We are very pleased to have matched 2Q revenues in the third quarter. Our
businesses in the UK, Asia Pacific and the Americas have all performed well in
recent weeks whilst trading conditions in Continental Europe continue to be
difficult. Tight cost control continues to be a key focus, and assuming no
material deterioration in market conditions, we are likely to exceed the current
consensus of analysts' earnings estimates for the year ending 31st December
2003."
Non Executive Directorate
Effective 7th October 2003 the company also announces the resignation from the
board of non-executive director Martin Stewart. We thank Martin for his
contribution to Michael Page, and are pleased to announce the appointment of
Robert Lourey as a non-executive director. Robert is currently Group Human
Resources Director of The BOC Group.
It is confirmed, pursuant to the Listing Rules, that Mr Robert Lourey does not
have any disclosure to be made under paragraph 6.F.2 (b) to (g), inclusive, of
the Listing Rules.
Enquiries:
Terry Benson Chief Executive Michael Page International PLC 020 7269 2205
Stephen Puckett Group Finance Director Michael Page International PLC 020 7269 2205
David Yates/Richard Mountain Financial Dynamics 020 7269 7291
This information is provided by RNS
The company news service from the London Stock Exchange
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