Half Year 2019 Pagegroup PLC Earnings Call Transcript
Good morning, everyone, and welcome to PageGroup's 2019 Interim Results Presentation. I'm Kelvin Stagg, Chief Financial Officer; and I have with me Steve Ingham, our Chief Executive Officer. Although I will not read it through, I would like to bring your attention to the cautionary statement included at the end of this presentation. I will start with a brief review of our financial results for the first half, continue with an update on our capital allocation strategy and shareholder returns and conclude with a summary. Following this, we will open up the call for Q&A, when Steve and I will be happy to take your questions.
For the first half, the group delivered gross profit of GBP 433.5 million, up from GBP 396 million in 2018, a record for the group. In both constant currencies and reported rates, this represented an increase of 9.5%. These results were achieved despite a tough comparator and more challenging conditions seen in a number of our markets, including France, Greater China and the U.K. In our
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |