Financials: Hays reports total net fees up 7% for quarter

Global professional recruiting group Hays reported continued good performance in its temporary and permanent divisions for the quarter ended 30 June with total net fees up 7% compared to last year.
Thu, 10 Jul 2014Global professional recruiting group Hays reported continued good performance in its temporary and permanent divisions for the quarter ended 30 June with total net fees up 7% compared to last year.

Hays chief executive Alistair Cox said: "We have delivered another good set of quarterly results to end our financial year as we continued to capitalise on good conditions in many of our key markets.”

The company said its major specialisms of accountancy & finance, construction & property and IT all grew by more than 15%.

“In the UK & Ireland we delivered strong and broad-based net fee growth, including perm growth of 17% as candidate confidence remained strong,” said Cox.

“Elsewhere we saw the continued recovery of many European, Asian and US markets and 10 of our businesses delivered record monthly net fees in the quarter, including key businesses such as Canada and Japan,” he added.

The group said it continued to see growth opportunities for the group and had increased consultant headcount by 3%, the highest quarterly rise since September 2011.
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