Michael Page H1 Pre-tax Profit Rises, Announces Special Dividend

(RTTNews) - Michael Page International Plc. (MPGPF.PK, MPI.L), a specialist professional recruitment company, Thursday said its half-year profit before tax advanced to 40.4 million pounds from 35.6 million pounds in the previous year.

Earnings per share were 9.0 pence, compared to 7.5 pence in the prior year.

Revenue grew to 530.4 million pounds from 512.2 million pounds in the previous year.

The company hiked its interim dividend by 5.3 percent to 3.6 pence per share, totaling 11.3 million pounds.

Further, Michael Page announced a special dividend of 16.0 pence per share.

Steve Ingham, CEO, said, "We are pleased with the first half performance and the outlook is positive for all our regions in the second half. We remain focused on continuing our investment in the future of the Group while at the same time, improving our productivity and conversion rate. Aside from the impact of foreign exchange, the Board's expectations for the full year remain unchanged."