Pagegroup

Michael Page shares rose 7.4% to 209.4 pence after UBS upgraded its rating from "Neutral" to "Buy" and lifted the price target from 180 to 235 pence. UBS raised its earnings forecasts for 2026–2028 by up to 13%, increased estimates for adjusted EBIT in 2027/2028 and adjusted the EV/gross profit multiple from 0.8x to 1.0x. The bank cites easing revenue headwinds, improved margin prospects and a partial market recovery as the reasons for the re-rating; it outlined an upside scenario of 500 pence and a downside risk of 100 pence. » Więcej na de.investing.com

Michael Page increased operating profit in H1 2026 from £2.1m to £9.7m, although constant‑currency gross profit fell 2.4% to £385.2m. Around half of the business grew, driven by Asia‑Pacific, the Americas, Southern Europe and strong growth in Page Executive and Enterprise Solutions. Management reiterates a full‑year target of around £28m operating profit and expects net cash of about £30m after an interim dividend; the shares fell 3.2%. Key drivers of the improvement were cost discipline, higher productivity and a “trading‑up” into higher‑paid leadership mandates. » Więcej na de.investing.com

PageGroup has made effective the name change to Michael Page announced on 16 July 2026 and will in future consolidate all services under the Michael Page brand. The unified brand structure is intended to preserve the offering of specialized services, ease access to the global network and strengthen long-term growth. ISIN, SEDOL, LEI, stock ticker PAGE as well as shareholder rights and existing share certificates remain unchanged. » Więcej na de.investing.com