PageGroup PLC (FRA:3MI)

€ 3.96 0 (0%) Market Cap: 1.29 Bil Enterprise Value: 1.35 Bil PE Ratio: 20.83 PB Ratio: 3.82 GF Score: 81/100

Q2 2023 Pagegroup PLC Trading Statement Call Transcript

Jul 12, 2023 / 07:30AM GMT

Release Date Price: €4.78 (+0.04%)

Transcript

Operator

Hello, and welcome to today's PageGroup's Second Quarter 2023 Trading Update. My name is Bailey, and I'll be your moderator for today's call. (Operator Instructions)

I would now like to pass the conference over to our host, Kelvin Stagg, PageGroup's CFO. Kelvin, please go ahead.

Kelvin Stagg

PageGroup plc - CFO, Member of Executive Board & Executive Director

Good morning, everyone, and welcome to the PageGroup 2023 Second Quarter Trading Update. I'm Kelvin Stagg, Chief Financial Officer; and on the call with me is Nick Kirk, Chief Executive Officer. Although I will not read it through, I'd just like to make reference to the legal formalities that are covered in the cautionary statement in the Appendix to this presentation, and which will also be available on our website following the call.

The group delivered gross profit of GBP 263.5 million in the quarter, a decline of 6.5% in constant currencies against Q2 2022, a record comparator. For the first half, we delivered gross profit of GBP 526.5 million, down 4.5% on our record H1 last

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