Hays profit slumps in H1, but vows to resume dividend on stronger Q2 recovery | 18 February 2021
18 February 2021 | 07:23am StockMarketWire.com - Hays reported a sharp fall in first-half profit, but the recruitment company vowed to resume its dividend payments later this year in August, citing a stronger recovery in the second quarter. For the six months ended 31 December, pre-tax profit fell 78% to £21.1 million year-on-year as net fees slipped 24% to £422.8 million. Net fees in Germany, the company's biggest market, fell 26%, with operating profit down 76% as the pandemic hurt performance. 'Finally, with recovery in fees and our profits accelerating in Q2, this provides us wi...