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HAS - Hays News Story

101.1p 5.3  5.5%

Last Trade - 2:45pm

Sector
Industrials
Size
Mid Cap
Market Cap £1.61bn
Enterprise Value £1.82bn
Revenue £6.14bn
Position in Universe 271st / 1834

BRIEF-Hays Plc Posts Q1 Group Net Fees Up 1% On A Headline Basis

Tue 15th October, 2019 7:27am
Oct 15 (Reuters) - Hays PLC  HAYS.L :
    * HAYS PLC  - FIRST QUARTER TRADING UPDATE
    * HAYS PLC - Q1 GOOD NET CASH POSITION OF C.£90 MILLION, IN
LINE
WITH OUR EXPECTATIONS
    * HAYS PLC - IN Q1, ENDED 30 SEPTEMBER 2019, GROUP NET FEES
INCREASED BY 1% ON A HEADLINE BASIS
    * HAYS PLC - Q1 UK & IRELAND: NET FEES DOWN 4%
    * HAYS PLC - ASIA AND AMERICAS PERFORMED WELL, BOTH GROWING
BY 7%
IN QUARTER
    * HAYS PLC - GERMANY SAW INCREASED SIGNS OF CLIENT COST
CONTROL,
AND UK PRIVATE SECTOR REMAINED TOUGH
    * HAYS PLC - EXPECT GROUP HEADCOUNT TO REMAIN BROADLY FLAT
IN Q2
FY20
    * HAYS- IF RE-TRANSLATED FY19 PROFITS AT AVERAGE EXCHANGE
RATES
SEEN TO DATE DURING FY20, REPORTED OPERATING PROFIT OF £248.8
MILLION WOULD BE C.£248 MILLION
    * HAYS PLC - UK & IRELAND BUSINESS CONFIDENCE CONTINUED TO
BE
IMPACTED BY ONGOING UNCERTAINTIES. CANDIDATE CONFIDENCE ALSO
WEAKENED ACROSS THE QUARTER
    * HAYS PLC - Q1 LIKE FOR LIKE GROUP NET FEES FLAT

Source text for Eikon:  ID:nRSO8432Pa 
Further company coverage:  HAYS.L 

 ((Reuters.Briefs@thomsonreuters.com ;;))
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