By Michael Susin
Hays said that fiscal 2023 pretax profit fell on the back of increased expenses, released a special dividend and announced the appointment of a new chief executive officer.
The U.K. recruitment company said Thursday that pretax profit for the year to June 30 was 192.1 million pounds ($244.4 million) compared with GBP204.3 million a year earlier. Operating profit for the year fell to GBP197.0 million from GBP210.1 million.
The company’s turnover, however, rose to GBP7.58 billion from GBP6.59 billion.
The board has declared a dividend increase of 5% to 3.00 pence a share. It has also released a special dividend of 2.24 pence a share, representing a GBP35.6 million cash return to shareholders, it added.
In a separate statement, the company said that it has appointed Dirk Hahn as chief executive with effect from Sept. 1, replacing Alistair Cox.
Hahn is currently managing director of Hays Germany and Central & Eastern Europe, Middle East & Africa, and has been with the company for over 20 years.
Write to Michael Susin at [email protected]
Read the full article here
