Hays Reports 21% Rise In 1Q Actual Net Fees
07 October 2010 - 5:45PM
Dow Jones News
Hays PLC (HAS.LN), the white collar recruiter, said Thursday
that total net fees increased by 21% on an actual basis and by 18%
on a like for like basis in the quarter ended Sept 30, thanks to
strong and broad based growth across most of the group's
markets.
MAIN FACTS:
-Growth in net fees for the first quarter by region:
*Asia Pacific Actual 59%; Like for like 39%
*Continental Europe & Rest of World Actual 24%; Like for
like 27%
*United Kingdom & Ireland Actual and Like for like 1%
-By segment:
*Temporary Actual 12%; Like for like 9%
*Permanent Actual 34%; Like for like 30%
-International consultant headcount increased by 6%.
-The outlook remains good across 90% of its markets.
-Continuing to invest in headcount across Asia Pacific,
Continental Europe and South America.
-Group's performance in the first quarter has been in line with
the Board's expectations.
-The Group continued to deliver a strong cash flow
performance.
-Net debt increased to around GBP100 million (June 30: GBP77.2
million) due to the phasing of cash flows.
-Shares closed Wednesday at 117.60 pence, valuing the Company at
GBP1.63 billion.
-By Jana Weigand, Dow Jones Newswires; 44-20-7842-9314;
jana.weigand@dowjones.com
Hays (PK) (USOTC:HAYPY)
Historical Stock Chart
From Aug 2024 to Oct 2024
Hays (PK) (USOTC:HAYPY)
Historical Stock Chart
From Oct 2023 to Oct 2024
Real-Time news about Hays Plc (PK) (OTCMarkets): 0 recent articles
More Hays PLC ADS News Articles