HAYS

Hays reduces the full-year dividend to 0.44 pence per share, a decline of 65% year-on-year, while the final dividend remains unchanged. Management announces the "Momentum" strategy and is cutting its operating presence from 23 to 16 countries; disposals in several European markets have already been completed. The combination of the dividend cut, the realignment and a weak market for permanent hires is weighing on the stock and investor sentiment. » Mere på de.investing.com

Hays expects operating profit before exceptional items for the fiscal year at the upper end of the consensus range of £37–46m, after which the share price climbed about 11.7% to 40.05 pence. Drivers are higher consultant productivity and strict cost discipline; net fees fell in the quarter on a like‑for‑like basis by only 5% (consensus -6%). Germany saw a fee decline of 7% (consensus -9%), the rest‑of‑world segment only -1% (consensus -5%), suggesting portfolio realignment and geographic diversification. The strategic withdrawal from fringe markets and disposals in six countries, together with a more favourable market environment, support the upgraded guidance and the stock’s re‑rating. » Mere på de.investing.com

Dirk Hahn has resigned immediately as CEO and board member of Hays for personal reasons. Mark Dearnley, currently chief digital and technology officer, will serve as interim CEO until a permanent successor is appointed. Chairman Michael Findlay emphasised securing continuity of the company’s strategic priorities, and the nomination committee has started the search for a new CEO with external support. Details of Hahn’s remuneration will be published under the Companies Act 2006 and disclosed in the remuneration report for the 2026 financial year. » Mere på de.investing.com