PageGroup FY operating profits seen higher following 'positive' Q4

Recruitment firm PageGroup said on Tuesday that positive momentum seen during 2021 had continued at both a regional and global level the two months ended 30 November, leading the group to modestly hike full-year operating profit guidance.

In October, PageGroup stated constant currency growth was up 16% versus 2019, while November growth was up 26% against its pre-Covid comparative.

As a result, the FTSE 250-listed group now expects full-year operating profits to be in the region of £165.0m, up from £155.0m, assuming no further "unexpected events" impact trading.

PageGroup also added that it will host a virtual capital markets day event on 9 December.

As of 0720 GMT, PageGroup shares were up 4.21% at 680.50p.