Hays produces mixed third quarter update

Recruitment company Hays has produced a mixed performance in the third quarter against an uncertain economic backdrop.

Recruitment company Hays has produced a mixed performance in the third quarter against an uncertain economic backdrop.

Although markets were stable, overall group net fees were down 1% against the prior year. Net fees decreased 9% in the UK & Ireland, the international business delivered growth of 3% and represented 70% of net fees in the quarter, driven by an excellent performance in Germany, which grew by 25%.

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