Trend still positive for recruiters_2
10 September 2012
Hays' share price rose 3% immediately after it revealed it's expecting a 35% growth in net fee income in the permanent market, but finished 1.25p down in the period.
Hays' share price rose 3% immediately after it revealed it's expecting a 35% growth in net fee income in the permanent market, but finished 1.25p down in the period. IT recruiter Harvey Nash also released an upbeat trading statement, reporting a 20% increase in turnover in the quarter ended 30 April, compared with the same period last year. Nash added that its balance sheet had substantially strengthened aided by a 3% reduction in debtor days. The news helped raise its share price by 9.5p. Imprint reported that trading cash flows in the year to date have been robust, but its share price keeps falling, dropping 34p in the past month.
