|Bid||0.00 x 293300|
|Ask||0.00 x 230200|
|Day's range||187.70 - 190.70|
|52-week range||130.50 - 199.90|
|PE ratio (TTM)||20.43|
|Forward Dividend & Yield||N/A (N/A)|
|1y target est||184.00|
Oct (Shenzhen: 000069.SZ - news) 12 (Reuters) - Global banks are still filling job vacancies in London despite concerns that Brexit could threaten the city's status as a major financial centre, recruiter Hays said on Thursday. Although many financial companies have plans to transfer some jobs to continental Europe to keep serving clients in the single market once Britain leaves the European Union, Hays (LSE: HAS.L - news) said they were holding off on pulling the trigger. "The banks have got their contingency plans in place, but they're waiting to see if they can get any steer at all on the eventual deal that will be done," Finance Director Paul Venables told Reuters.
Oct (Shenzhen: 000069.SZ - news) 11 (Reuters) - International companies are cutting back on hiring and senior staff are reluctant to switch jobs because of uncertainty over Brexit, British recruitment company PageGroup (Frankfurt: 658848 - news) said on Wednesday. Companies in Britain were filling vacant positions and roles created by restructuring, but were holding back on creating new jobs or setting aside budgets for expansion, Chief Executive Steve Ingham said. "The reality is uncertainty does not breed confidence to move your career from one company to another or commit to hiring people when you're running a business," he told Reuters.
Oct (Shenzhen: 000069.SZ - news) 10 (Reuters) - British recruiter Robert Walters (LSE: RWA.L - news) raised its full-year profit forecast for a second time, after it reported a 22 percent jump in quarterly net fee income. The company, which places people in finance, engineering, legal and marketing jobs, said annual pretax profit would be ahead of market expectations, citing strong growth for temporary and permanent jobs. Robert Walters' net fee income grew to 90.7 million pounds ($119.5 million) in the three months to Sept. 30 from 74.4 million a year earlier.
Difficulties faced by most British employers in hiring the right workers decreased compared with last year, although still remained high, according to Hays (LSE: HAS.L - news) ' annual Global Skills Index, compiled with consultancy Oxford Economics. "Candidates in areas of skills shortages remain in high demand and can receive multiple job offers and counter offers.
Hays forecast a modest return to growth in the British recruitment market this year as uncertainty after the Brexit vote eased and added that artificial intelligence was helping to boost its productivity. Smaller firms, especially manufacturers in central and north west England, were behind an improvement in the British market, as they made short-term investments, Finance Director Paul Venables told Reuters. Hays has faced challenges in its domestic market in the past year as Britain's vote to leave the European Union has shaken employer confidence, but the group has still outperformed its closed rival PageGroup, which analysts have in part attributed to better productivity.
British recruitment company PageGroup will pay a special dividend of 12.73 pence per share after growth in some international markets and operational improvements helped drive a 20.9 percent rise in first-half profit. The company, which mainly finds candidates to fill permanent positions, said on Thursday operating profit rose to 56.9 million pounds ($74 million) in the six months to June 30 from 47.1 million a year ago. At constant currency, profit was up 9.2 percent.
Global banks have continued to hire replacements for vacant London jobs, the financial services recruiter told Reuters, despite concerns over Britain's decision to leave the European Union. Many financial companies have said they will move some British jobs to continental Europe to keep serving clients in the single market. "The reality on the ground is there has been little or no movement at all so far," Finance Director Paul Venables said.
Recruiter Robert Walters said banks continued to hire "significant numbers" of people in London, underpinning its confidence that jobs in the sector would not move to the continent anytime soon despite Brexit concerns. "There are examples of banks that have been hiring significant numbers of people in London," CEO Robert Walters told Reuters, adding that financial companies continued to hire for compliance, cybersecurity, risk, audit and technology.
*A round-up of notable broker activity this morning from Europe's top-ranked* analysts: ** Morgan Stanley raises Bureau Veritas to "overweight", pointing to strong level of organic revenue/EPS ...
European shares ended Tuesday on the backfoot as losses among defensive consumer staples and real estate stocks outweighed strength in autos and miners. The pan-European STOXX 600 was down 0.7 percent ...
The company, which mainly finds candidates to fill permanent jobs, reported a record second-quarter gross profit that beat expectations, but its shares fell 2 percent to 479.1 pence by 0900 GMT because of a further decline in the British market. Concern about political stability following last month's election had compounded the uncertainty caused by the Brexit vote a year ago, Chief Executive Steve Ingham said. The group reported a 4.5 percent fall in British gross profit to 36.6 million pounds ($47.2 million) for the three months to June 30, accelerating from a marginal fall in the previous quarter.
European shares reversed early gains to turn lower on Tuesday as heavy losses among defensive consumer staples and real estate stocks outweighed strength in autos, miners and banks. The pan-European STOXX ...
The stock market-listed recruitment firm Staffline is in detailed talks about a takeover of NHS Professionals even as a pre-election row rages over the privatisation of vital public services. Sky News has learnt that Staffline tabled an offer on Friday for NHS Professionals, the Government-owned agency which supplies 88,000 doctors and nurses to hospitals across the UK. Staffline, which acquired the controversial welfare-to-work provider A4E two years ago, is understood to be one of two final bidders for NHS Professionals, which is valued at approximately £50m.
Manufacturing companies in Britain have started to fill permanent jobs put on hold after the Brexit vote, recruitment company Hays (LSE: HAS.L - news) said on Thursday, forecasting improved trading in its home market. Hays, Britain's largest recruitment company, also forecast operating profit for the year to the end of June would be at the top of a market consensus range of 199-209 million pounds.
Live coverage of European markets now available on cpurl://apps.cp./cms/?pageId=livemarkets Summary: **European stocks futures lower, indicate softer open **Britain's Royal Mail closes pension plan **Australia ...
Recruiter PageGroup posted a record quarterly gross profit that beat expectations, helped by growth in markets outside Britain where company and candidate confidence was dampened by uncertainty after the country voted to leave the EU. PageGroup (Frankfurt: 658848 - news) shares were up 6 percent at 472.31 pence by 0850 GMT, while rival Hays (LSE: HAS.L - news) , which reports results on Thursday, was up 3.8 percent, making those stocks the top two gainers in London's midcap index. Gross profit grew 9.1 percent at constant currency rates to 170.3 million pounds ($213 million) in the three months to March 31, PageGroup said on Wednesday, partly due to the timing of the Easter holiday, which falls in the second quarter this year.
Investment banks in London have been hiring more staff for specialised finance roles, recruiter Robert Walters (LSE: RWA.L - news) said on Tuesday, in comments likely to ease concerns over the impact of Brexit on a mainstay of the British economy. Banks had sought to fill permanent roles in areas such as investment management, finance control, change management and risk and compliance, as well as seeking temporary staff for cyber security, chief executive and company founder Robert Walters told Reuters. Banking hiring trends are extremely volatile as companies often announce new jobs only to announce hiring freezes just weeks later, and Walters said it was too early to know if the improvement was sustainable.
** London-listed recruiters among top gainers on increasing signs that the post-Brexit vote hiring uncertainty in the UK market may be easing and volumes could return ** Robert Walters +3% and trades close ...