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Hays Plc Sees H1 Trading To Be Modestly Profitable
Hays Expects Group Headcount At End Of Q1 To Be Down Versus June 30
Recruiter Hays Warns On Annual Profit As Net Fees Slump
Hays plc is a recruitment company. The Company's segments include Australia & New Zealand, Germany, United Kingdom and Ireland and Rest of World. It works on various specialisms including accountancy and finance, information technology, life sciences, construction and property and engineering, supporting the career development of candidates with temporary, contracting and permanent jobs. It works on one-off placements for small-to-medium enterprises and global multinationals, as well as contract-based recruitments for its clients. The Company has its operations in over 250 offices in 33 countries. It serves various sectors including, accountancy and finance, construction and property, engineering and manufacturing, human resources, office professionals, Education and Telecoms sector.
4th Fl, Regent's Place, 20 Triton Street
Non-Executive Chairman of the Board
Alistair R. Cox
Chief Executive, Executive Director
Group Finance Director, Executive Director
Company Secretary, General Counsel
Senior Independent Director
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Recruitment agency Hays Plc <HAYS.L> said on Thursday it now expects to squeeze out a "modest" profit for the first half of the year, down from 100 million pounds last year as the coronavirus-driven downturn in hiring slashed fee income by nearly a third.
Recruitment agency Hays Plc said on Thursday it expects first half of the year to be modestly profitable as its temporary hiring remained stable overall, even as it posted a 29% drop in its first-quarter net fees due to the coronavirus crisis.
Recruitment agency Hays Plc <HAYS.L> posted a 12% fall in annual net fees on Thursday and said it expected to cut more of its own headcount this quarter by not refilling roles as it adjusts to the slump in hiring due to the COVID-19 pandemic.
Hays Plc, one of the world's biggest recruitment agencies, posted a 12% fall in its annual net fees on Thursday and said it expected to cut more jobs this quarter by not refilling roles as it adjusts to the slump in hiring due to the COVID-19 pandemic.
Hays <HAYS.L>, one of the world's biggest recruiters, expects to be loss-making in the summer and reported a 34% drop in fourth-quarter net fees on Thursday as companies slowed new hiring to ride out a downturn induced by the coronavirus crisis.
Hays, one of the world's biggest recruiters, said on Thursday its fourth-quarter net fees dropped 34% and also warned on annual operating profit, as companies across the world halted new hiring during the coronavirus-induced lockdown.
British recruiting firm SThree <STEMS.L> joined peers Hays <HAYS.L> and Robert Walters <RWA.L> in scrapping its final dividend payout for 2019 on Monday, and said it was actively exploring options to support operations across regions to battle the impact of the coronavirus...
One of the world's biggest recruiters, Hays <HAYS.L>, raised about 200 million pounds ($248 million) via a new share issue on Thursday, seeking to prop up its finances in the face of an expected collapse in fees due to the coronavirus.
Recruiter Hays <HAYS.L> operating profit fell by just under a fifth in the first half, with fee revenue as expected taking a hit from a weak German economy and the company also citing disruption from December's Australian bushfires and political events in Britain and France.
Recruiter Hays operating profit fell 19% on a reported basis in the first half, in line with guidance from the company a month ago as low business confidence and a struggling euro zone economy dented hiring in Germany.
Recruitment firm Hays Plc <HAYS.L> warned of lower first-half operating profit on Thursday, as it struggled with a hiring squeeze that worsened in December in some of its largest markets including Britain, France and Australia.
UK-based recruitment firm Hays Plc warned of lower first-half operating profit, as it struggled with a hiring squeeze in some of its largest markets including UK, France and Australia in December that slowed net fee growth.
Hays Plc <HAYS.L> bucked the gloomy trend among British recruiters on Tuesday, with strong net fees growth in the United States and China helping to offset slowing markets closer to home.
Recruiter Hays Plc reported no growth in its first-quarter net fees on Tuesday, hurt by a slowdown in Germany's manufacturing sector and as Brexit uncertainty dented hiring in the United Kingdom.
Hays Travel will buy all of Thomas Cook's <TCG.D> British travel agent shops, potentially saving up to 2,500 jobs and providing a rare boost for high streets across the country.
Hays Plc <HAYS.L> is seeing increasing signs of weakening business confidence in Germany and Britain, the recruiter said on Thursday, sending its shares down as much as 5% despite posting higher annual net fees.
Recruiter Hays Plc reported higher annual net fees on Thursday but said it was facing tougher trading conditions in its core markets such as Germany and Britain, with "increasing signs" of lower business confidence.
Recruiter Hays Plc <HAYS.L> saw no growth in net fees in the fourth quarter as weak hiring in Australia, New Zealand and Britain offset strong performance in its biggest market Germany.
Recruiter Hays posted quarterly net fee growth below market expectations on Tuesday, as its biggest market Germany was hit by slowing growth and a trade spat between Beijing and Washington.
British recruitment firm Hays Plc on Tuesday said comparable net fees rose 5 percent in the third quarter, helped by more hiring in its international and domestic markets.
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