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Hays Reports 18% Fall In H1 Operating Profit; Sees China Difficulty To Continue Across Whole Of Q3
Hays Expects HY 2020 Operating Profit Of About 100 Mln Pounds
Hays Plc Posts Q1 Group Net Fees Up 1% On A Headline Basis
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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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.
Britain's staffing company Hays Plc <HAYS.L> said it had not seen any weakness in Germany's job market despite Europe's largest economy growing at the weakest rate in five years.
Staffing company Hays Plc reported an 8 percent rise in quarterly net fees, boosted by strong hiring in Germany, its biggest market.
Proxy voting adviser Pensions & Investment Research Consultants Limited (PIRC) has recommended shareholders reject the management remuneration reports for both Hays Plc and Smiths Group Plc, saying pay and bonuses for both firms chief executives were excessive.
Recruiting firm Hays Plc <HAYS.L> on Thursday reported a slower quarterly fee growth rate, hurt by a relatively stronger pound against other foreign currencies.
British recruiting firm Hays Plc on Thursday reported a slower quarterly growth rate in the fees it earned from placing employees, hurt by a relatively stronger pound against the Australian dollar and the euro.
British recruitment company Hays Plc <HAYS.L> on Thursday declared a special dividend and boosted its full-year dividend by 18 percent, as it reported higher annual profit thanks to stronger growth in Germany, Australia and the United Kingdom.
* UK and Ireland net fees up 2 pct (Adds shares, comments, CEO comments)
British recruitment company Hays Plc on Thursday declared a special dividend and boosted its full-year dividend by 18 percent, as it reported higher annual profit on the back of strong growth in Germany and Australia.
Quote and financial data from Refinitiv. Fund performance data provided by Lipper. All quotes delayed a minimum of 15 minutes.