Global demand boosts Michael Page shares
Major recruiter in accountancy sector reports leap in second quarter profits
Michael Page shares leapt to 595p yesterday after the accountancy recruiter
reported a 38% rise in gross profits for the second quarter of 2007.
The company specialises in accountants, lawyers and engineers, and saw
profits for the quarter climb to £121m.
The company has worked on overseas expansion with six new offices abroad and
has more on the way.
Reported in the Daily Telegraph, Steve Ingham, chief executive,
said: ‘There is clearly a continuing strong demand for talent throughout the
globe and with a shortage of suitably qualified people, the sourcing of
candidates on an international basis is a key differentiator for Michael Page.’