Jan 11 British recruitment firm PageGroup Plc
reported a rise in fourth-quarter gross profit, but
pointed to a continued cooling in the UK hiring market after
Britons backed an exit from the European Union.
The company, which mainly finds candidates to fill permanent
positions, said year-on-year gross profit from its British
operations fell 6.7 percent to 33.8 million pounds ($41.07
million) at constant currencies in the quarter.
"In the UK, client and candidate confidence levels
deteriorated further, with activity levels also reduced," Chief
Executive Officer Steve Ingham said.
The company's total gross profit rose 3.8 percent at
constant currencies in the quarter, driven by growth in
Continental Europe and Latin America, outside Brazil.
($1 = 0.8230 pounds)
(Reporting by Noor Zainab Hussain and Esha Vaish in Bengaluru;
Editing by Sunil Nair)