International recruitment company Hays plc (HAS) has issued a “Second Quarter Trading Statement” including that it is “structurally improving… despite challenging markets” and “net cash of c.£25m… in line with our expectations… remain confident that we will benefit materially when our end markets recover”. So what of a current still below 75p share price, down from above 100p as recently as last June?
Recruitment company Hays plc (HAS), noting that at end-2023 it had c.12,300 employees in 249 offices in 33 countries and covered recruitment in 21 professional and skilled specialisms, whilst adding “in addition to our international and sectoral diversification, in Q2 FY24 the group’s net fees were generated 59% from temporary and 41% from permanent placement markets”, has issued a Q2 (to 31st December 2023) FY24 trading statement. With its noted diversification, a good insight into both the sector and macroeconomic situations then. And…








