Pagegroup Plc · LSE:PAGE

Pagegroup — Q3 2013 Earnings Presentation

17 slides from Pagegroup's earnings presentation, Oct 14, 2013

  1. Slide 1: Third Quarter Interim Management Statement

    PageGroup First Quarter Interim Management Statement | 1 Third Quarter Interim Management Statement 14 October 2013

  2. Slide 2: Group gross profit up year-on-year

    PageGroup Third Quarter 2013 Interim Management Statement | 2 Group Gross profit up year-on-year Growth Rates GROUP GROSS PROFIT £m £m Reported Constant Q3 2013 vs Q3 2012 127.0 126.5 +0.4% -0.2% Q3 2013 Q3 2012 Growth Rates PERM/TEMP GROSS PROFIT £m £m Reported Constant Permanent 96.8 97.6 -0.8% -1

  3. Slide 3: Fee earner headcount up in Q3, operational support headcount down

    PageGroup Third Quarter 2013 Interim Management Statement | 3 Fee earner headcount up 157 in Q3, operational support headcount down Group 41 GROUP QUARTERLY HEADCOUNT AND GROSS PROFIT

  4. Slide 4: Improving growth rates in all disciplines

    PageGroup Third Quarter 2013 Interim Management Statement | 4 Group Improving growth rates in all disciplines Q3 Q3 Q3 2013 2013 2012 Growth Rates GROSS PROFIT Proportion £m £m Reported Constant Finance & Accounting 42% 53.6 53.2 +0.7% +0.0% Legal, Technology, HR, 21% 26.1 25.3 +3.0% +3.1% Secretari

  5. Slide 5: Continued investment in key markets; diversification reducing exposure

    PageGroup Third Quarter 2013 Interim Management Statement | 5 Group Diversification reducing exposure to changes in market conditions Q3 Q3 Q3 2013 2013 2012 Growth Rates GROSS PROFIT Proportion £m £m Reported Constant EMEA 38% 48.5 49.0 -0.9% -7.0% UK 24% 31.0 29.5 +5.0% +5.0% Asia Pacific 22% 27.3

  6. Slide 6: Year-on-year quarterly growth rates improving in all regions

    PageGroup Third Quarter 2013 Interim Management Statement | 6 GROUP Year-on-Year quarterly growth rates improving in all regions EMEA: two quarters of improvement UK: growth has returned Asia Pacific: Impacted by Australia Americas: growth accelerates

  7. Slide 7: Year-on-year quarterly growth rates improving in all regions

    PageGroup Third Quarter 2013 Interim Management Statement | 7 Group Year-on-Year quarterly growth rates improving in all regions 2012 vs 2011 2013 vs 2012 Q1 Q2 Q3 Q4 Q1 Q2 Q3 EMEA +10.1% -2.5% -7.2% -10.9% -15.0% -8.2% -7.0% UK -3.7% -9.2% -10.9% -2.1% -1.2% +0.3% +5.0% Asia Pacific +17.8% +11.2% +

  8. Slide 8: EMEA: Signs of improvement in the majority of markets

    PageGroup Third Quarter 2013 Interim Management Statement | 8 EMEA Signs of improvement in the majority of markets Growth Rates EMEA GROSS PROFIT £m £m Reported Constant Q3 2013 vs Q3 2012 48.5 49.0 -0.9% -7.0% Headcount down 31 (-1.6%) at 1,850 (Q2 2013: 1,881) • France (13% of the Group) -7% on Q3

  9. Slide 9: EMEA: Further reductions made in operational support headcount

    PageGroup Third Quarter 2013 Interim Management Statement | 9 EMEA Further reductions made in operational support headcount EMEA QUARTERLY HEADCOUNT AND GROSS PROFIT

  10. Slide 10: United Kingdom: Year-on-year growth increases, confidence returning

    PageGroup Third Quarter 2013 Interim Management Statement | 10 United Kingdom Year-on-year growth increases, confidence returning Growth UK GROSS PROFIT £m £m Rates Q3 2013 vs Q3 2012 31.0 29.5 +5.0% Headcount up 47 (+3.7%) to 1,303 (Q2 2013: 1,256) • Private sector (88% of UK business) up 3.4% on Q

  11. Slide 11: UK: Fee earner headcount increasing in line with improving outlook

    PageGroup Third Quarter 2013 Interim Management Statement | 11 United Kingdom Fee earner headcount increasing in line with improving outlook UK QUARTERLY HEADCOUNT AND GROSS PROFIT

  12. Slide 12: Asia Pacific: Australia challenging but stable, increased growth in Asia

    PageGroup Third Quarter 2013 Interim Management Statement | 12 Asia Pacific Australia challenging but stable, increased growth in Asia Growth Rates ASIA PACIFIC GROSS PROFIT £m £m Reported Constant Q3 2013 vs Q3 2012 27.3 30.2 -9.5% -4.3% Headcount up 50 (+4.6%) to 1,126 (Q2 2013: 1,076) • Asia (14%

  13. Slide 13: Asia Pacific: Headcount increasing, reflecting investment in Asia

    PageGroup Third Quarter 2013 Interim Management Statement | 13 Asia Pacific Headcount increasing, reflecting investment in Asia ASIA PACIFIC QUARTERLY HEADCOUNT AND GROSS PROFIT

  14. Slide 14: Americas: US and Mexico driving growth

    PageGroup Third Quarter 2013 Interim Management Statement | 14 Americas US and Mexico driving growth Growth Rates AMERICAS GROSS PROFIT £m £m Reported Constant Q3 2013 vs Q3 2012 20.2 17.8 +13.0% +16.9% Headcount up 50 (+6.7%) to 792 (Q2 2013: 742) • Latin America (10% of the Group) +12% on Q3 2012

  15. Slide 15: Americas: Headcount up 6.7% reflecting confidence in markets

    PageGroup Third Quarter 2013 Interim Management Statement | 15 Americas Headcount up 6.7% reflecting confidence in markets AMERICAS QUARTERLY HEADCOUNT AND GROSS PROFIT

  16. Slide 16: Financials: Strong financial position

    PageGroup Third Quarter 2013 Interim Management Statement | 16 Financials Strong financial position • Strong net cash at 30 September 2013 in the region of £72m • Interim dividend of 3.25p per share paid on 4 October (£10.1m) • 321m shares outstanding at 30 September 2013 (of which 11m are held in E

  17. Slide 17: PageGroup First Quarter Interim Management Statement | 17

    PageGroup First Quarter Interim Management Statement | 17

PageGroup — Q3 2013 Earnings Presentation on 6ix