Financial Information

Michael Page has grown to become one of the world’s best known, global recruitment consultancies.

Five year summary	2021 £’000	2022 £’000	2023 £’000	2024 £’000	2025 £’000
Revenue	1,643,740	1,990,287	2,010,303	1,738,937	1,596,577
Gross profit	877,720	1,076,294	1,007,132	842,586	769,516
Operating profit	168,510	196,079	118,815	52,449	20,865
Profit before tax	166,645	194,366	117,436	49,127	16,227
Profit attributable to equity holders	118,356	139,012	77,068	28,443	9,017
Conversion^†	19.20%	18.20%	11.8%	6.2%	2.7%
Basic earnings per share (pence)	37.2	43.7	24.4	9.1	2.9

* Includes exceptional items.

† Operating profit before exceptional items as a percentage of gross profit.