Fees up 14% at Hays _2

But shares fall

Hays said its business had continued to “generate good growth” since it announced its interim results in February.
The firm has issued a trading update ahead of the end of its financial year, 30 June.

Hays expects net fees in the second half of its year to be 14% up on a year ago.

In the United Kingdom & Ireland, the business is expected to grow net fees at approximately 7% for the second half of the financial year, with growth across each of the major disciplines.

It added: “The Group's performance for the year to 30 June 2006 continues to be in line with the Board's expectations.”
The shares slipped after the announcement.

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