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Recruiting firm Hays' quarterly net fees growth slows

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By Reuters

(Reuters) – Recruiting firm Hays Plc <HAYS.L> on Thursday reported a slower quarterly growth rate in the fees it earned from placing employees, hurt by a relatively stronger pound against the Australian dollar and the euro.

The company, which places people across a range of industries from finance to construction, said net fees rose 7 percent during the first quarter ended Sept. 30, compared with a 13 percent growth in the year-ago quarter.

(Reporting by Muvija M and Noor Zainab Hussain in Bengaluru; Editing by Amrutha Gayathri)