Hays plc (LSE:HAS) expects to report a pre-exceptional operating profit near £45 million for fiscal year 2025, reflecting ongoing headwinds in the permanent recruitment sector. The company saw a 9% drop in group net fees year-over-year during Q4, with steep declines in both permanent and temporary hiring activities. Regional results were mixed: while Germany and the UK experienced notable setbacks, North America showed signs of growth.
Despite these difficulties, Hays is focused on executing strategic plans aimed at boosting net fee productivity and streamlining back-office operations. These initiatives are designed to position the company for profit recovery once market conditions stabilize.
Hays faces considerable challenges, including weakening financial metrics and a negative valuation outlook due to unprofitable segments. Market sentiment remains cautious to bearish according to technical indicators, impacting overall confidence. Still, the company’s internal share buybacks and strategic efforts suggest some optimism for a turnaround.
About Hays plc
Hays plc is a global recruitment firm offering workforce solutions across multiple sectors. The company specializes in both permanent and temporary staffing services, serving clients worldwide.
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