Hays Total Comparable 2Q Growth In Net Fees 21%, Outlook Remains Good
06 Gennaio 2011 - 8:46AM
Dow Jones News
Hays PLC (HAS.LN), the recruitment firm, said Thursday total net
fees for the quarter ended Dec 31 2010 were up 21% driven by strong
performances in Asia Pacific and Continental Europe & Rest of
World divisions, adding that its outlook remains good across nearly
all of its markets.
MAIN FACTS:
-Comparable growth in net fees for the quarter ended Dec 31 2010
by region:
*Asia Pacific up 36%.
*Continental Europe & Rest of World up 37%.
*United Kingdom & Ireland up 1%.
-Comparable growth in net fees for the quarter ended Dec 31 2010
by segment:
*Temporary up 7%.
*Permanent up 42%.
-Solid momentum in Australia with encouraging pick-up in
temporary placement net fees during the quarter.
-Excellent net fee growth in Germany of 47% versus prior year
and now operating back above pre-recession levels.
-Overall stability in the U.K. with strong net fee growth of 28%
in private sector markets versus prior year, offset by tougher
conditions in the public sector down 38% versus prior year.
-Ongoing investment in the International business with
consultant headcount increased by 6% during the quarter.
-Launched operations in Mexico and the United States.
-Group's performance in the quarter has been in line with the
Board's expectations and over the six months to December 2010 has
continued to achieve operating profit growth at broadly twice the
level of net fee growth.
-Net debt increased to around GBP125 million at the end of the
period.
-Shares closed Wednesday at 127.90 pence, valuing the Company at
GBP1.77 billion.
-By Jana Weigand, Dow Jones Newswires; 44-20-7842-9314;
jana.weigand@dowjones.com
Grafico Azioni Hays (PK) (USOTC:HAYPY)
Storico
Da Giu 2024 a Lug 2024
Grafico Azioni Hays (PK) (USOTC:HAYPY)
Storico
Da Lug 2023 a Lug 2024
Notizie in Tempo Reale relative a Hays Plc (PK) (OTCMarkets): 0 articoli recenti
Più Hays PLC ADS Articoli Notizie