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Is this a buy? Profitable, dividend paying and cash back to shareholders (HAS)     

Haystack - 02 Jul 2004 15:32

What is currently known about HAYS. I have been tempted to buy a few times over the years but have always missed a buying opportunity.

As far as I can see they look like a buy to me. They have stated that results will in line with expectations. There are possibilities of them selling off a part of the company for a good price. They make good revenue and profits. They pay a reasonable dividend.

This looks good also

3 June 2004

"LONDON (AFX) - Hays PLC plans to return cash to shareholders from the
demerger of its DX mail business announced today.
Speaking to newswire reporters, outgoing chief executive Colin Matthews said
that debt put into the DX group on demerger will liberate cash for return to
shareholders. DX will be demerged by issuing current Hays shareholders with
shares in the new mail group.
Hays has promised cash returns to shareholders from disposals of property
and other assets as part of its restructuring into a standalone recruitment
specialist agency.

Hays has promised that surplus cash from its disposals will be returned to
shareholders and Matthews said Hays will give further details in September."



Chris Carson - 02 Mar 2018 11:50 - 72 of 73

Stop to 196p.

Chris Carson - 12 Apr 2018 08:00 - 73 of 73

StockMarketWire.com
Hays reported Thursday net fees increased 9% on a headline basis and 10% on a like-for-like basis in the third quarter against the prior year, as strong performance in its international business offsetting subdued UK performance.

The firm's temp business, which represented 58% of group net fees, grew 9% in the quarter. While net fees in its perm business, which accounted for 42% of quarterly group net fees, grew 11%.

Hays' international business reported a 15% growth in net fees. While in the UK & Ireland net fees were down 2%.

Strong growth of 12%, underlying circa 13%, was achieved in Australia & New Zealand, across all major specialisms.

In Germany net fees were up 16%. While in France net fees grew 17% and in Belgium 15%. Record quarters for net fees were achieved in the USA, up 34%, and China, up 51%.

The firm had net cash of circa £5m at 31 March 2018, compared to £34.5m the prior period as the final payment for the Veredus acquisition of $18.5m was made in January 2018.

'Looking ahead, conditions remain positive in the vast majority of our markets,' said Alistair Cox, Chief Executive. 'We are very well-positioned to capitalise on the many opportunities we currently see in our markets. We continue to look to the future, including our five-year plan to broadly double profits by 2022, with confidence.'
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