Michael Page increases its 2014 full year dividend by 4.8%

DividendMax Ltd.

Michael Page increases its 2014 full year dividend by 4.8%

HIGHLIGHTS (at CER)

Gross profit up 10.0% to £532.8m

Operating profit increased 23.8%, reflecting business performance and a focus on operational efficiencies

Conversion rate improved to 14.7% (2013: 13.3%)

Net increase of 468 fee earners (+12%); total headcount at a record level of 5,578

Strong country performances from major economies: gross profit UK +11.5%, Germany +11%, US +19% and Greater China +22%

Large, High Potential Markets, a record gross profit up 14.2%,

77:23 fee earner: support headcount ratio, a record for the Group

New technology operating platform rolled out to one third of fee-earners

Total dividend increased 4.8% to 11.0p

Companies mentioned