15/11/06
Hays plc, the Specialist Recruitment Group, will hold its Annual General Meeting today. Bob Lawson, Chairman, will make the following comments to shareholders:
“During the first four months of our financial year, the Group continued to generate strong like-for-like net fee growth of 15%. Growth was 7% in the United Kingdom & Ireland, 29% in Asia Pacific and 43% in Continental Europe & Canada.
As referred to in the preliminary results announcement in September, we have seen some erosion in Group margins from that achieved in the second half of last year.
Overall, the Group’s performance remains in line with the Board’s expectations for the year to 30 June 2007. We intend to provide a trading update on 14 December prior to entering the Group’s close period at the end of December”.
Enquiries:
Paul Venables, Finance Director, Hays plc: + 44 (0) 20 7628 9999
Martin Abell, Investor Relations, Hays plc: + 44 (0) 20 7628 9999
Giles Croot, Brunswick: + 44 (0) 20 7404 5959
