Subscribe to AfterDawn's weekly newsletter.
Hays 2008 Preliminary Results
LONDON, September 2 /PRNewswire/ -- Hays, the specialist recruitment company, today announced a 17 per cent rise in operating profits, earnings per share up 24 per cent and a dividend increase of 16 per cent despite an increasingly difficult economic back drop in the second half of the year. After a year in the job and in his first interview with Cantos, Alistair Cox, Hays Chief Executive, gives an overview of the business and strategy and details how the company is responding to the short-term downturn in some key markets whilst diversifying into new geographies and additional specialist recruitment sectors. He explains that with visibility of just three to five weeks, it is important to ensure that the operating model is as flexible and efficient as possible. "We don't try to predict the market; we try to make sure that the business can adapt very quickly to the market as the market changes," he said. "Our aim is to make sure that we get the right balance between the long-term goal of building the best business globally in this industry with the medium-term goal of putting in the right systems and processes and the short-term tactics to deal with the current market ebbs and flows in the different economies." Also, Paul Venables, Group Finance Director, talks about the results, the financial strength of Hays and the outlook for the company. Interviews, transcripts, podcasts and vodcasts are available now on http://www.cantos.com. Cantos interviews are also available to download from our CEO Insight page on iTunes. Cantos is free to view. All you need to do is register at http://www.cantos.com. Cantos.com, the online financial broadcaster, features in-depth interviews, documentaries and webcasts with senior company executives. If you would like to contact us, please email enquiries@cantos.com or phone +44-207-936-1333.
