PageGroup PLC (STU:3MI)
€ 4.26 0.06 (1.43%) Market Cap: 1.36 Bil Enterprise Value: 1.42 Bil PE Ratio: 22.94 PB Ratio: 4.20 GF Score: 63/100

Q1 2023 Pagegroup PLC Trading Statement Call Transcript

Apr 17, 2023 / 07:30AM GMT
Operator

Hello, and welcome to the PageGroup Q1 2023 Trading Update. My name is Elliot, and I'll be coordinating your call today. (Operator Instructions)

I'd now like to hand over to Kelvin Stagg, CFO. The floor is yours, please go ahead.

Kelvin Stagg
PageGroup plc - CFO, Member of Executive Board & Executive Director

Thank you, Elliot. Good morning, everyone, and welcome to the PageGroup 2023 First Quarter Trading Update. I'm Kelvin Stagg, Chief Financial Officer; and on the call with me is Nick Kirk, Chief Executive Officer.

While I will not read through, I'd just like to make reference to the legal formalities that are covered in the cautionary statement in the appendix to this presentation and which will also be available on our website following the call. You will also find our 2022 annual report and sustainability report are now live on the website and available to download.

The group delivered gross profit of GBP 262.7 million in the quarter, and against Q1 2022, we declined 2.4% in constant currencies, albeit this was a

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