FINANCIALS: Hays sees growth in last quarter

Global recruiter Hays has seen financial growth in all of its regions around the world, particularly in the UK and Ireland, over the last quarter.
Thu, 9 Oct 2014Global recruiter Hays has seen financial growth in all of its regions around the world, particularly in the UK and Ireland, over the last quarter.

According to the company’s interim results for the quarter ending 30 September, released today, total net fee income increased by 4%, or 6% in constant currency terms.

In a statement, Hays chief executive Alistair Cox said the company’s three largest businesses – Australia, Germany and the UK – grew simultaneously for the first time in nearly four years.

Also, 11 of the businesses, including Canada, Switzerland and Germany, delivered record quarterly net fees.

The UK and Ireland represents 35% of the group’s net fees and delivered growth of 13%, in constant currency terms.

Continental Europe and Rest of World is the company’s largest division, representing 42% of group fees. It delivered growth of 8% in constant currency terms.

The Asia-Pacific region represents 24% of group fees and delivered net fee growth of 6% in constant currency terms.

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