28th Jun 2005 07:01
Hays PLC28 June 2005 28 June 2005 HAYS PLC TRADING UPDATE Hays plc, the Specialist Recruitment Company, will announce its preliminaryresults for the year ending 30 June on 6 September 2005 and today issues thefollowing trading update. Since the announcement of the interim results in March, the business hascontinued to grow across each of the three regions of the United Kingdom &Ireland, Continental Europe and Australia & New Zealand. Growth has been broadlybased across each of the principal activities, and both temporary and permanentplacement fees are ahead of last year. Aggregate net fees in the second half ofthe financial year to date are approximately 15% ahead of the same period lastyear. Group pre-tax profit before goodwill amortisation and exceptional itemsfor the year to 30 June 2005 remains in line with the Board's expectations. In September 2004 Hays plc announced its intention to buy back at least £200million of its own shares on the open market. To date the company has boughtback 100.8 million of its shares at a total cost of £127.2 million. Hays plc intends to enter into an irrevocable non-discretionary arrangement toenable the repurchase of its own shares during its close period. Any sharepurchases will be effected within certain pre-set parameters, and in accordancewith both the Company's general authority to repurchase shares and the ListingRules. - Ends - Enquiries: John Martin Finance Director, Hays plc + 44 (0) 20 7628 9999 Mike Smith Brunswick + 44 (0) 20 7404 5959 Conference call: John Martin and Richard Jackson of Hays plc will conduct a conference call forinvestors and analysts at 9.00am United Kingdom time on Tuesday 28 June 2005.The dial-in details are as follows: Dial-in number: + 44 (0) 1452 561 263 The call will be recorded and available for playback for 7 days as follows: Replay dial-in number: + 44 (0) 1452 550 000 Access code: 6917695 # This information is provided by RNS The company news service from the London Stock ExchangeRelated Shares:
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