Q1 Trading Update

2023

Headline Numbers

Kelvin Stagg

Chief Financial Officer

Financial Review

Regional Review

Summary

Key financial highlights

Record result in EMEA, ongoing challenging market conditions

Gross Profit

£262.7m

£258.0m Q1 2022

Total Fee Earner

6,639

6,943 Q4 2022

Headcount

Productivity vs

-8%

Q1 2022

Constant

-2.4%

Currency vs

Q1 2022

Reported vs

+1.8%

Q1 2022

Net Cash

c. £105m

c. £131m Q4 2022

3

Financial Review

Overview

Regional Review

Summary

Q1 Perm and Temp Ratio

Continued stronger growth in temporary recruitment

17%

26%

45%

-5.6%

55%

-2.4%

+6.6%

74%

83%

Perm Temp

Perm

Temp

Perm Temp

Permanent -7.2% to £195.7m

Permanent -8.5% to £154.5m

Permanent -2.0% to £41.2.m

Temporary +14.9% to £67.0m

Temporary +10.6% to £32.6m

Temporary +19.2% to £34.4m

  • Perm:Temp ratio 74:26 (Q1 2022: 78:22)

5

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Page Group plc published this content on 17 April 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 17 April 2023 11:16:11 UTC.