Business
Q4 AND FULL YEAR 2013 TRADING UPDATE
Q4 AND FULL YEAR 2013 TRADING UPDATE.
About this update from Pagegroup Plc
[{"type":"text","content":"\n \nRNS Number : 5510X Michael Page International PLC 14 January 2014 \n \n\n \n \n \n14 January 2014\n \nQ4 AND FULL YEAR 2013 TRADING UPDATE\n \n \n \nQ4 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 Q4\n\n\nQ4 2013\n\n\nQ4 2012\n\n\n%\n\n\n%\n\n\n\n\nEMEA \n\n\n42%\n\n\n£52.0m\n\n\n£51.4m\n\n\n+1.1%\n\n\n-1.4%\n\n\n\n\nUK\n\n\n25%\n\n\n£31.8m\n\n\n£30.2m\n\n\n+5.1%\n\n\n+5.1%\n\n\n\n\nAsia Pacific\n\n\n19%\n\n\n£24.2m\n\n\n£27.9m\n\n\n-13.1%\n\n\n-5.7%\n\n\n\n\nAmericas\n\n\n14%\n\n\n£17.0m\n\n\n£17.0m\n\n\n+0.2%\n\n\n+6.7%\n\n\n\n\nTotal\n\n\n100%\n\n\n£125.0m\n\n\n£126.5m\n\n\n-1.2%\n\n\n+0.3%\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\n75%\n\n\n£93.6m\n\n\n£96.4m\n\n\n-2.9%\n\n\n-1.1%\n\n\n\n\nTemporary\n\n\n25%\n\n\n£31.4m\n\n\n£30.1m\n\n\n+4.3%\n\n\n+4.5%\n\n\n\n\n \n \nFULL YEAR 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 FY 2013\n\n\nFY 2013\n\n\nFY 2012\n\n\n%\n\n\n%\n\n\n\n\nEMEA \n\n\n40%\n\n\n£207.7m\n\n\n£218.4m\n\n\n-4.9%\n\n\n-8.2%\n\n\n\n\nUK\n\n\n24%\n\n\n£124.1m\n\n\n£121.4m\n\n\n+2.2%\n\n\n+2.2%\n\n\n\n\nAsia Pacific\n\n\n21%\n\n\n£105.8m\n\n\n£114.9m\n\n\n-7.9%\n\n\n-4.7%\n\n\n\n\nAmericas\n\n\n15%\n\n\n£76.3m\n\n\n£72.2m\n\n\n+5.6%\n\n\n+8.8%\n\n\n\n\nTotal\n\n\n100%\n\n\n£513.9m\n\n\n£526.9m\n\n\n-2.5%\n\n\n-2.7%\n\n\n\n\n \n \nCommenting, Steve Ingham, Chief Executive Officer said:\n \n\"We are pleased with the strong results from the UK, the US and Japan; the improving performances in our large businesses in France and Germany; as well as many countries that achieved records in gross profit. The 0.3% increase in the Group's results at constant currency for the fourth quarter reflects improved performances from over half of our 34 countries and challenging conditions in the others. Gross profit was £125.0m in the fourth quarter, which, with the impact of currency movements, was down 1.2% year-on-year in reported rates.\n \n\"EMEA saw its first quarterly year-on-year growth in reported currencies since Q1 2012. The UK, with a steadily improving job count, has now seen two consecutive quarters of 5% year-on-year growth. However, the fourth quarter also saw a conti...