Recruiter PageGroup Lifts Annual Profit Forecast On Hiring Demand, Staff Crunch

Recruiter PageGroup Lifts Annual Profit Forecast On Hiring Demand, Staff Crunch

(Reuters) – Global recruiter PageGroup Plc lifted its full-year profit forecast for the full-year for the third time in six months on Wednesday, buoyed by a surge in demand for long-term hiring and staff shortages.

The London-listed company, which helps in hiring executives, professionals and clerical staff, expects annual operating profit of around 165 million pounds ($224.96 million), up from a forecast of 155 million pounds it gave in October.

($1 = 0.7335 pounds)

(Reporting by Amna Karimi in Bengaluru)