7th Jan 2005 07:00
Michael Page International PLC7 January 2005 7 January 2005 2004 FOURTH QUARTER TRADING AND FULL YEAR REVENUE UPDATE Michael Page International plc, the specialist recruitment consultancy, reports fourth quarter revenues (gross profit) of £56.6m, an increase of 23.9% over the £45.7m recorded in the fourth quarter of 2003. Full year revenue is estimated at £210.6m, an increase of 18.0% over the £178.5m recorded in 2003. In the UK, fourth quarter revenues were 20.6% up on the fourth quarter of 2003.Full year revenue is estimated at £110.0m (2003: £90.6m), an increase of 21.4%. In Continental Europe, fourth quarter revenues were 21.5% up on the fourthquarter of 2003. Full year revenue is estimated at £61.5m (2003: £58.2m), anincrease of 5.5%. In Asia Pacific, fourth quarter revenues were 33.6% up on the fourth quarter of2003. Full year revenue is estimated at £31.5m (2003: £25.0m), an increase of26.0%. In The Americas, fourth quarter revenues were 57.4% up on the fourth quarter of2003. Full year revenue is estimated at £7.6m (2003: £4.6m), an increase of65.5%. Michael Page International plc will release its preliminary results for the yearended 31st December 2004 on 23rd February 2005. Commenting on the fourth quarter result, Chief Executive Terry Benson said: "The fourth quarter saw continuing strong growth in the UK, Asia Pacific and TheAmericas and it is encouraging to report improved market conditions inContinental Europe towards the end of the year." Enquiries: Michael Page International plcTerry Benson Chief Executive 01932 264144Stephen Puckett Group Finance Director 01932 264144 Financial Dynamics David Yates/Richard Mountain 0207 269 7291 This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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