PageGroup plc

Strong H1 delivery; shares discounting significant slowdown

  • Sectors : Business Support Services
  • Companies : PageGroup plc

Ratings and price correct at time of issue.

  • PageGroup plc

    Closing Price: 452p

  • RATING 01/04/21

  • PREVIOUS RATING N/A

DAVY VIEW

Page has released its H1 statement to June 2022E. There are no surprises in the statement considering Q2 was released in mid-July, although the conversion rate is very strong. Management remains conscious of concerns over the macroeconomic environment (some slower decision making in July is hardly a surprise), but the group’s growth does still appear at least robust into Q3.

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Aug 8 2022, 08:15 IST/BST

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