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Recruiter PageGroup lifts annual profit forecast on hiring demand, staff crunch -Breaking

by Mike Robinson

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© Reuters. FILE PHOTO – A worker arrives in his Canary Wharf office, London on February 26, 2014./File photo

(Reuters) – PageGroup Plc, a global recruiter, raised its full-year profit outlook for the full year for the third consecutive week on Wednesday. This was fueled by a rise in long-term employment and staff shortages.

London-listed company that assists in the hiring of professionals and executives will expect an annual operating profit in excess of 165million pounds ($224.96million). This is up from the forecast of just 155 million pounds in October.

($1 = 0.7335 pounds)

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