UK's Hays soars after guiding annual profit forecast at top end of market consensus
10/07/2026 13:46
BUZZ-UK's Hays soars after guiding annual profit forecast at top end of market consensus Updates
** Shares of British recruiter Hays HAYS.L up 16% at 41.6p, best day on record
** Co top gainer on FTSE midcaps .FTMC index, which is up 0.39%
** Co expects FY26 pre -exceptional operating profit to be at the top of the £37-£46 million ($49.68-$61.76 million) consensus range
** Co says it achieved £50 million in annualised structural cost savings in FY26, three years ahead of its original target of £45 million by FY29
** Peer PageGroup PAGE.L rises as much as 6.9%
** Stock down 26% YTD
($1 = 0.7448 pounds)
(Reporting by Anushka Chourasia in Bengaluru)