British recruiter PageGroup beats market view for quarterly gross profit

Mon, July 13, 2026 at 6:17 AM UTC

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July 13 (Reuters) - British recruiter PageGroup on Monday posted second quarter gross profit above market expectations, as strong hiring across the Americas and Asia markets offset a persistent slowdown in Europe and the UK.

Page said it was seeing results from its cost cutting initiatives and investment in high-return areas even as recruiters contend with a hiring slowdown amid economic uncertainty.

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PageGroup, which focuses on white-collar recruitment, posted gross profit of £197.6 million ($264.37 million) for the quarter ended June 31, compared with £186.8 million expected by analysts, according to a company-compiled consensus.

($1 = 0.7474 pounds)

(Reporting by Prerna Bedi and Nithyashree R B in Bengaluru; Editing by Ronojoy Mazumdar)

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Source: “AOL Money”