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Hays Q3 Net Fees Fall 7%

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

Hays plc (HAS.L), a recruitment & workforce solutions provider, on Thursday said third-quarter net fees declined 7%, reflecting the impact of a weaker sterling against the euro and Australian dollar, partly offset by previously announced actions to exit operations in four countries.

Temporary and contracting net fees fell 6%, while permanent net fees dropped 12%.

On a like-for-like basis, group net fees decreased 8% year on year.

The company said full-year pre-exceptional operating profit is expected to be in line with market consensus of £45.2 million.

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