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Michael Page says growth returns to France and Germany

Published 15/04/2014, 07:27

LONDON (Reuters) - British recruiter Michael Page International said its businesses in France and Germany had returned to growth in the first quarter, helping gross profit rise 7 percent in constant currency.

The company, which mainly finds candidates to fill permanent positions, reported gross profit of 126.6 million pounds ($211.9 million) on Tuesday, just ahead of an analyst consensus of 125.4 million pounds.

The impact of currency movements, particularly in Japan, Australia and Brazil, meant the performance at reported rates was flat on a year ago, it said.

(Reporting by Paul Sandle; editing by Kate Holton)

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