Hays to Open Malaysia, Chile Offices as Overseas Fees Surge
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Hays Plc, the U.K.’s biggest recruitment firm, will open offices in emerging markets including Malaysia and Chile in coming months as international fees surge, Chief Executive Officer Alistair Cox said.
Hays posted a 21 percent increase in sales in the year ended June 30 to 3.26 billion pounds ($5.29 billion), driven by growth in Asia. Net income grew eight-fold to 80.1 million pounds, or 5.59 pence per share, from 9.3 million pounds, or 0.48 pence per share, reflecting previous charges for back-office job cuts and a reduced price-fixing fine, the London-based company said today in a statement.