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Michael Page North America gross profit up 16%

April 16 2013

Michael Page International plc, a London-based professional staffing firm, reported first-quarter gross profit in its North America unit rose 16 percent on a constant currency basis compared with the first quarter of 2012. The firm reported that market conditions show some improvement and recent management changes are starting to have a positive impact in North America.

First-quarter gross profit for Michael Page’s Americas segment — which also includes Latin America — was £18.5 million (US$28.1 million), up 2.2 percent in constant currency compared with the same period in the previous year. 

The company has operations around the world. Total first-quarter gross profit fell on a constant currency basis by 6.7 percent to £126.8 million (US$192.6 million).

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