Business
Q2 AND FIRST HALF 2013 TRADING UPDATE
Q2 AND FIRST HALF 2013 TRADING UPDATE.
About this update from Pagegroup Plc
[{"type":"text","content":"\n \nRNS Number : 3722J Michael Page International PLC 16 July 2013 \n \n\n \nPageGroup\n \n16 July 2013\n \nQ2 AND FIRST HALF 2013 TRADING UPDATE\n \n \n \nQ2 GROSS PROFIT ANALYSIS\n\n\n\n\n\n\n\n\n\n\nReported\n\n\nConstant\n\n\n\n\n \nYear-on-year gross profit\n\n\n% of Group Q2\n\n\nQ2 2013\n\n\nQ2 2012\n\n\n%\n\n\n%\n\n\n\n\nEMEA \n\n\n41%\n\n\n£55.1m\n\n\n£57.6m\n\n\n-4.4%\n\n\n-8.2%\n\n\n\n\nUK\n\n\n23%\n\n\n£31.2m\n\n\n£31.1m\n\n\n+0.3%\n\n\n+0.3%\n\n\n\n\nAsia Pacific\n\n\n21%\n\n\n£28.2m\n\n\n£30.6m\n\n\n-7.7%\n\n\n-8.0%\n\n\n\n\nAmericas\n\n\n15%\n\n\n£20.7m\n\n\n£18.7m\n\n\n+10.7%\n\n\n+9.8%\n\n\n\n\nTotal\n\n\n100%\n\n\n£135.2m\n\n\n£138.0m\n\n\n-2.0%\n\n\n-3.8%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPermanent \n\n\n78%\n\n\n£105.2m\n\n\n£109.2m\n\n\n-3.7%\n\n\n-5.3%\n\n\n\n\nTemporary\n\n\n22%\n\n\n£30.0m\n\n\n£28.8m\n\n\n+4.2%\n\n\n+1.9%\n\n\n\n\n \n \n \nH1 GROSS PROFIT ANALYSIS\n\n\n\n\n\n\n\n\n\n\nReported\n\n\nConstant\n\n\n\n\n \nYear-on-year gross profit\n\n\n% of Group H1\n\n\nH1 2013\n\n\nH1 2012\n\n\n%\n\n\n%\n\n\n\n\nEMEA \n\n\n41%\n\n\n£107.2m\n\n\n£117.9m\n\n\n-9.1%\n\n\n-11.7%\n\n\n\n\nUK\n\n\n23%\n\n\n£61.4m\n\n\n£61.7m\n\n\n-0.4%\n\n\n-0.4%\n\n\n\n\nAsia Pacific\n\n\n21%\n\n\n£54.3m\n\n\n£56.9m\n\n\n-4.5%\n\n\n-4.4%\n\n\n\n\nAmericas\n\n\n15%\n\n\n£39.1m\n\n\n£37.4m\n\n\n+4.6%\n\n\n+5.9%\n\n\n\n\nTotal\n\n\n100%\n\n\n£262.0m\n\n\n£273.9m\n\n\n-4.3%\n\n\n-5.2%\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nPermanent \n\n\n78%\n\n\n£203.1m\n\n\n£215.7m\n\n\n-5.9%\n\n\n-6.6%\n\n\n\n\nTemporary\n\n\n22%\n\n\n£58.9m\n\n\n£58.2m\n\n\n+1.3%\n\n\n-0.1%\n\n\n\n\n \n \n \n \nCommenting, Steve Ingham, Chief Executive Officer said:\n \n\"Overall PageGroup delivered a robust performance throughout the second quarter, against a backdrop of challenging market conditions across most of our regions, reporting gross profit of £135.2m, up 6.6% on the first quarter, and down only 2.0% year-on-year.\n \n\"We have made excellent progress on our key objectives following the management changes last year:\n- continued investment in all of our 5 high potential markets: China, South East Asia, Germany, Latin America and the United States;\n- increased focus on consistency and e...