PageGroup reported broadly flat second-quarter gross profit as growth in the Americas and Asia Pacific offset weaker trading in France, Northern Europe and the U.K. Chief Financial Officer Kelvin Stagg said gross profit for the quarter was 197.6 million pounds, down 0.2% in constant currencies, while first-half gross profit fell 2.4% to 385.2 million pounds. The company reduced fee earner headcount by 80, or 1.6%, mainly in France and Northern Europe, ending June with 4,914 fee earners. Gross profit per fee earner rose 5% versus the second quarter of 2025, marking the highest quarterly productivity since 2022. The board expects 2026 operating profit in line with a company-compiled consensus of around 28 million pounds.
Pagegroup PLCQ2 gross profit flat, first-half gross profit down 2.4%, and fee earner headcount reduced, with 2026 operating profit expected at only ~28 million pounds.