PAGEGROUP PLC Q3 2021 Trading Update
Steve Ingham | Chief Executive Officer | |
Kelvin Stagg | Chief Financial Officer |
LSE: PAGE.L
Website: https://www.page.com/investors
Q3 21
Q3 Overview
Strong performance, continued investment, profit guidance increased to c. £155m
Gross Profit
Q3
Constant Currency vs Q3 2020
Total FE
Headcount
Total
Headcount
£228.1m
£216.8m Q3 2019
+65.4%
5,772
6,081 Q3 2019
7,478
7,789 Q3 2019
Constant Currency vs Q3 2019
September vs 2019
Net Cash
Dividends
(Paid 13 October)
+12.9%
+26%
c. £195m
c. £152m Q3 2020
£100.2m
31.41 pence per share
2
Q3 21
Quarterly growth rate improved to +12.9%
Significant improvement in September, +26% vs 2019
- EMEA +9.9%, September +16.9%
- Asia Pacific +20.4%, September +36.4%
- Americas +24.6%, September +52.5%
- UK +1.3%, September +15.1%
Q3 | % of Group | 2021 £m | 2020 £m | 2019 £m | Reported % | Constant % | Constant % |
vs. 2020 | vs. 2020 | vs. 2019 | |||||
EMEA | 46% | 105.9 | 76.5 | 101.6 | +38.3% | +45.8% | +9.9% |
Asia Pacific | 22% | 48.9 | 30.3 | 44.1 | +61.8% | +68.2% | +20.4% |
Americas | 17% | 39.1 | 19.1 | 37.3 | +104.2% | +113.4% | +24.6% |
UK | 15% | 34.2 | 17.6 | 33.8 | +94.3% | +94.3% | +1.3% |
Group Total | 100% | 228.1 | 143.5 | 216.8 | +58.9% | +65.4% | +12.9% |
3
Q3 21
Large, High Potential Markets
Now represent 40% of the Group
Germany, Greater China, Latin America, South East Asia
and the USA
- Continued focus on Large, High Potential markets benefiting the Group's results
- Now represent 40% of the Group, first time it has been over that threshold
- Grew 27% for the quarter, exiting in September +45%
- Collective fee earner headcount of 2,300 at the end of Q3
4
Q3 21
EMEA
Improvement in trading conditions continued
Q3 | % of Group | 2021 £m | 2020 £m | 2019 £m | Reported % | Constant % | Constant % | |
vs. 2020 | vs. 2020 | vs. 2019 | ||||||
EMEA | 46% | 105.9 | 76.5 | 101.6 | +38.3% | +45.8% | +9.9% | |
Country | Constant % | Constant % | Constant % | |||||
vs. Q3 2019 | vs. Q3 2020 | vs. September 2019 | ||||||
France | -8% | +27% | +5% | |||||
- PP | -16% | +24% | -6% | |||||
- MP | +8% | +33% | +25% | |||||
Germany* | +33% | +48% | +39% | |||||
Belgium | +8% | +41% | +6% | |||||
Italy | +14% | +49% | +21% | |||||
Spain | +22% | +70% | +33% | |||||
*Large, High Potential market
5
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Page Group plc published this content on 06 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 October 2021 08:05:02 UTC.
