woodee
26 Feb 2015
What I like about recruitment 1. Variable costs move up very slowly in relation to increased turnover.2. Very high margins3. Profits increase disproportionately to the increase in turnover.4. Once fixed and variable costs are covered most ot the profits are available for dividends. 5. Timing for this market has to be about perfect at the moment.Hays has had six very successfull months, with sustained growth in all its Markets. The next Jan to June period, the stronger half of the year, should accelerate the profitability substantially. I look forward to topping 2 pounds by mid year. Good luck to all holders.
r21442
25 Feb 2015
These 10p drops seem quite prevalent - is it MM mischief or is the market truly disappointed in the results? Seem pretty positive for me but only held for 15m or so and not really got to grips with expectations.
the julio
08 Jan 2015
Encouraging update It would seem that Hays share have limited support. Encouraging update with fee growth of 11% by the UK's largest recruitment group. Details below· Strong Group performance with quarterly net fee growth accelerating to 11%(1), driven by Perm· Strong growth in Asia Pacific, including an acceleration in Australia & New Zealand to 10%(1), driven by Perm up 19%(1). Asia delivered further strong growth of 13%(1)· Strong broad-based growth in the UK & Ireland, including excellent Perm growth of 23%(1). Major specialisms of Accountancy & Finance, Construction & Property and IT all grew by over 15%(1)· Good growth in Continental Europe & Rest of World, including good growth of 6%(1) in Germany and strong 14%(1) growth in France, one of 15 countries in the region delivering 10%(1) growth or more· On 4 December 2014, Hays acquired 80% of Veredus Corp., a US IT staffing company, for an initial consideration of approximately $44 million (c.£28 million)
