PageGroup PLC (OTCPK:MPGPF)

$ 5.0165 0.1465 (3.01%) Market Cap: 1.36 Bil Enterprise Value: 1.43 Bil PE Ratio: 20.83 PB Ratio: 3.82 GF Score: 82/100

Q2 2022 Pagegroup PLC Trading Statement Call Transcript

Jul 13, 2022 / 08:00AM GMT

Release Date Price: $5.19

Transcript

Operator

Hello all, and a warm welcome to the PageGroup Q2 2022 Trading Update. My name is Lidiya, and I'll be your operator today. (Operator Instructions). It's my pleasure to now hand you over to our host, Kelvin Stagg, CFO. Please go ahead when you're ready.

Kelvin Stagg

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

Good morning, everyone, and welcome to the PageGroup's Second Quarter and First Half Trading Update. I'm Kelvin Stagg, Chief Financial Officer; and on the call with me is Steve Ingham, 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 strong trading conditions we experienced in Q1 2022 continued into the second quarter. Consequently, the group delivered gross profit of GBP 280.9 million, a record quarter for the group. We grew 25.5% in constant currencies against Q2 2021, which was lower

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