Despite a better than expected performance, which Michael Page reported, the company is not sure about how many jobs it can come up with.

The company has reported an increase of 9.2 per cent in its gross profit from the UK operations. But it is still very cautious because of the fragile nature of UK economy.

As per the Chief Executive of the firm, Steve Ingham, although the company is well position to reap the advantage out of recovery in UK, the concern is mainly for continental Europe and North America.

He said that the confidence amongst the employers is improving. This can be seen as a good sign as it means more recruitment for permanent jobs.

Pointing towards Asia and Latin American market for specialist recruitment, he said that the profit depends on the future market.

Michael Page expects theses two markets would place major impact on the future earnings of the company.

As the news spread that the company is expanding business in the Asia-Pacific region, share price of Michael Page went up by more than 1 per cent.