Edition:
United Kingdom

Hays Q3 Group Net Fees Grows; UK & Ireland Remains Subdued


Thursday, 12 Apr 2018 

April 12 (Reuters) - Hays PLC ::GROUP CONSULTANT HEADCOUNT WAS UP 1% IN QUARTER AND 11% YEAR-ON-YEAR.Q3 GROUP NET FEES INCREASED 9% ON A HEADLINE BASIS AND 10% ON A LIKE-FOR-LIKE BASIS AGAINST PRIOR YEAR.EXPECT HEADCOUNT GROWTH IN Q4 TO BE SLIGHTLY ABOVE RATE OF Q3.IN Q3, UK & IRELAND REMAINED SUBDUED BUT BROADLY STABLE, WITH NET FEES DOWN 2% (UNDERLYING DOWN C.1%).IN TEMP BUSINESS, WHICH REPRESENTED 58% OF GROUP NET FEES, GREW 9% IN QUARTER.IN QUARTER, NET FEES IN PERM BUSINESS, WHICH ACCOUNTED FOR 42% OF QUARTERLY GROUP NET FEES, GREW 11%.