StockMarketWire.com - Recruitment firm Page Group booked an 11% rise in first-half profit after strong growth in some of its overseas businesses, including the US, offset a weaker performance at home in the UK.

Pre-tax profit for the six months through June rose to £74.6m, up from £67.2m on-year, as revenue climbed 9.2% to £820.5m.

The company declared an interim dividend of 4.30p per share, up 4.9% on-year, plus a special dividend of 12.73p per share, unchanged on-year.

Fee-earner headcount fell 1.3%, mainly in markets were conditions were more challenging, such as the UK and China.

'We continued to invest in markets where we saw the greatest growth, such as the US and India,' chief financial officer Kelvin Stagg said.

'We are pleased with our first half performance, however we remain mindful of challenging macro-economic conditions seen in a number of our regions,' he added.

'We will continue to focus on driving profitable growth, while continuing our strategic investments towards our vision of 10,000 headcount, £1bn of gross profit and £200m-to-£250m of operating profit.'





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