Hays (HAS)

Sector:

Support

Index:

FTSE 250

150.20p
   
  • Change Today:
    -1.00p
  • 52 Week High: 176.70
  • 52 Week Low: 137.70
  • Currency: UK Pounds
  • Shares Issued: 1,671.90m
  • Volume: 837,219
  • Market Cap: £2,511.20m
  • RiskGrade: 145
  • Beta: 0.02

Hays hails strong recovery as it resumes dividend payments

By Michele Maatouk

Date: Thursday 26 Aug 2021

LONDON (ShareCast) - (Sharecast News) - FTSE 250 recruiter Hays said on Thursday that it was resuming dividend payments as it hailed a "strong" recovery in fee and profit growth in its full-year results.
In the year to the end of June 2021, pre-tax profit rose 2% to £88.1m. Group fees fell 8% to £918.1m but the company said trading improved through the year, with strong sequential growth in all regions.

First-half fees were down 24% but second-half fees rose 13% and the fourth quarter saw a 39% increase. Hays said it saw its strongest group fee performance in June since the start of the pandemic.

The board proposed to resume core dividends with a single payment of 1.22p a share for FY21 and a special dividend of 8.93p per share.

Chief executive Alistair Cox said: "As business and candidate confidence increased globally, our management actions drove record consultant productivity, leading to a strong recovery in fees and profits. This included our largest markets of Germany, Australia and the UK, while in RoW six countries delivered record fee performances, including the USA, and many countries exited the year with fee run-rates above pre-Covid levels. Across all our regions there are clear signs of skill shortages and wage inflation in certain industries, particularly Technology and Life Sciences.

"Overall, the strength of the recovery has been dramatic. We now see a clear route back to, and then exceeding, pre-pandemic levels of profit, faster than we envisaged even six months ago. With such confidence in our future, we are proposing to resume core and special dividends, paying a total of 10.15 pence per share to shareholders in November."



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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Hays Market Data

Currency UK Pounds
Share Price 150.20p
Change Today -1.00p
% Change -0.66 %
52 Week High 176.70
52 Week Low 137.70
Volume 837,219
Shares Issued 1,671.90m
Market Cap £2,511.20m
Beta 0.02
RiskGrade 145

Hays Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
60.36% above the market average60.36% above the market average60.36% above the market average60.36% above the market average60.36% above the market average
57.58% above the sector average57.58% above the sector average57.58% above the sector average57.58% above the sector average57.58% above the sector average
Price Trend
4.12% below the market average4.12% below the market average4.12% below the market average4.12% below the market average4.12% below the market average
26.79% below the sector average26.79% below the sector average26.79% below the sector average26.79% below the sector average26.79% below the sector average
Income
32.08% above the market average32.08% above the market average32.08% above the market average32.08% above the market average32.08% above the market average
32.35% above the sector average32.35% above the sector average32.35% above the sector average32.35% above the sector average32.35% above the sector average
Growth
79.76% below the market average79.76% below the market average79.76% below the market average79.76% below the market average79.76% below the market average
61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average61.54% below the sector average

What The Brokers Say

Strong Buy 10
Buy 1
Neutral 3
Sell 0
Strong Sell 0
Total 14
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Hays Dividends

  Latest Previous
  Special Interim
Ex-Div 30-Sep-21 30-Sep-21
Paid 12-Nov-21 12-Nov-21
Amount 8.93p 1.22p

Trades for 21-Jan-2022

Time Volume / Share Price
13:20 590 @ 150.20p
13:20 134 @ 150.10p
13:20 860 @ 150.10p
13:19 3 @ 150.10p
13:18 397 @ 150.00p

Hays Key Personnel

CEO Alistair R Cox

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