Business
Full Year Results for the Year Ended 31 Dec 2022
Full Year Results for the Year Ended 31 Dec 2022.
About this update from Pagegroup Plc
[{"type":"text","content":"\n \n \n 9 March 2023\n \n \n \n \n \n \n \n \n \n \n \n \n \n Full Year Results for the Year Ended 31 December 2022\n \n \n \n \n \n A Record Year for the Group\n \n \n \n \n \n PageGroup plc (\"PageGroup\"), the specialist professional recruitment company, announces its full year results for the year ended 31 December 2022.\n \n \n \n \n \n \n \n \n \n \n Financial summary\n \n \n \n \n \n \n 2022\n \n \n \n \n \n \n 2021\n \n \n \n \n \n \n Change\n \n \n \n \n \n \n Change\n \n \n \n \n CC*\n \n \n \n \n \n \n \n Revenue\n \n \n \n \n £1,990.3m\n \n \n \n \n £1,643.7m\n \n \n \n \n +21.1%\n \n \n \n \n +19.3%\n \n \n \n \n \n \n Gross profit\n \n \n \n \n £1,076.3m\n \n \n \n \n £877.7m\n \n \n \n \n +22.6%\n \n \n \n \n +20.2%\n \n \n \n \n \n \n Operating profit\n \n \n \n \n £196.1m\n \n \n \n \n £168.5m\n \n \n \n \n +16.4%\n \n \n \n \n +14.3%\n \n \n \n \n \n \n Profit before tax\n \n \n \n \n £194.4m\n \n \n \n \n £166.6m\n \n \n \n \n +16.6%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Basic earnings per share\n \n \n \n \n 43.7p\n \n \n \n \n 37.2p\n \n \n \n \n +17.5%\n \n \n \n \n \n \n Diluted earnings per share\n \n \n \n \n 43.5p\n \n \n \n \n 37.0p\n \n \n \n \n +17.6%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Total dividend per share\n \n \n (excl. special dividend)\n \n \n \n \n 15.67p\n \n \n \n \n 15.00p\n \n \n \n \n \n \n \n \n \n \n \n \n \n Total dividend per share\n \n \n (incl. special dividend)\n \n \n \n \n 42.38p\n \n \n \n \n 41.71p\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n HIGHLIGHTS*\n \n \n \n \n \n \n ·\n Group gross profit up 20.2% to £1,076.3m, a record year for the Group\n \n \n ·\n Record operating profit of £196.1m (2021: £168.5m)\n \n \n ·\n Conversion rate** decreased to 18.2% (2021: 19.2%), reflecting lower consultant productivity in H2\n \n \n ·\n Gross profit per fee earner down 0.6% in constant currencies, but up 1.4% in reported rates\n \n \n ·\n Record gross profit in\n 27 countries\n \n \n ·\n Fee earner headcount increased by 861 (14.2%) vs 2021, total closing headcount of 9,020\n \n \n ·\n Strong cash position of £131.5m (2021: £154.0m)\n \n \n ·\n Total dividends of £133.2m paid during 2022\n \n \n ...