Hays Annual Profit In Line Forecasts

Hays reported Q3 like‑for‑like net fee decline of 8% YoY, better than the 10% drop seen in Q2.
Germany fees fell 11% LFL, UK & Ireland 10%, Australia/New Zealand 2%, Rest of World 6% in the quarter.
Permanent fees fell 12% (vs 14% Q2) and temporary fees 6% (vs 8% Q2); consultant headcount down 3% QoQ and 14% YoY.
Hays expects full‑year adjusted EBIT of £45 million, with £25 million in H2 versus £20 million in H1, supported by cost savings.