Recruitment firm Hays generated higher profits in the first half, but fears of slower growth in Germany have spooked investors. Recruitment firm Hays generated higher profits in the first half, but fears of slower growth in Germany have spooked investors. Hays profits rise but fears of German economic slowdown weigh on outlookPre-tax profits rose 8% to £122.6 million in the six months to December 31. Net fees reached £568 million, up 9% on a like-for-like basis with 20 countries delivering record levels. Meanwhile, in the UK, growth remained solid despite economic uncertainty, with net fees up 3%.

Source: Irish Independent February 21, 2019 12:33 UTC