Business
Final Quarter Results
Final Quarter Results.
About this update from Hays Plc
[{"type":"text","content":"\n \nRNS Number : 5190U Hays PLC 13 July 2018 \n\nQUARTERLY UPDATE\nFOR THE THREE MONTHS ENDED\n30 JUNE 2018\n13 July 2018\n \n Financial summary\nGrowth in net fees for the quarter ended 30 June 2018 (Q4 FY18)\n\n\n\n\n(versus the same period last year)\n \n\n\nGrowth\n\n\n\n\nActual\n\n\nLFL\n\n\n\n\nBy region\n\n\n \n\n\n \n\n\n\n\n \n\n\nAustralia & New Zealand (\"ANZ\")\n\n\n8%\n\n\n14%\n\n\n\n\n \n\n\nGermany\n\n\n19%\n\n\n16%\n\n\n\n\n \n\n\nUnited Kingdom & Ireland (\"UK&I\")\n\n\n5%\n\n\n5%\n\n\n\n\n \n\n\nRest of World (\"RoW\")\n\n\n20%\n\n\n23%\n\n\n\n\n \n\n\nTotal\n\n\n14%\n\n\n15%\n\n\n\n\n \n\n\n \n\n\n \n\n\n \n\n\n\n\nBy segment\n\n\n \n\n\n \n\n\n\n\n \n\n\nTemporary\n\n\n10%\n\n\n11%\n\n\n\n\n \n\n\nPermanent\n\n\n19%\n\n\n20%\n\n\n\n\n Total\n\n\n14%\n\n\n15%\n\n\n\n\nNote: unless otherwise stated, all growth rates discussed in this statement are LFL (like-for-like) fees, representing organic growth of continuing operations at constant currency.\nHighlights\n· Strong overall growth of 15% (underlying 14%(1) adjusted for working days). Record Group quarterly net fees, with growth exceeding 10% in 24 of our 33 markets and 16 all-time country records\n· Full-year operating profit is expected to be marginally ahead of current consensus market expectations, which we understand to be £240.9 million(2)\n· Australia & New Zealand: strong growth of 14% (underlying c.13%(1)), across all major specialisms. Strong Perm growth up 16%, with Temp up 13%\n· Germany: continued strong performance with net fees up 16% (underlying c.14%(1)). Excellent Perm growth of 42%, with Contracting & Temp up 12%\n· UK & Ireland: growth of 5% (underlying 4%(1)), partly due to easier comparatives. Good Temp growth of 10%, with Perm flat\n· Rest of World: excellent growth of 23%. France, our largest RoW country, grew 15%, with Belgium up 23%. Our second largest RoW country, the USA, had another record quarter up 40%, as did China up 37%\n· Group consultant headcount...