Hays plc Re-appoints PwC as External Auditor Following Competitive Tender

Hays plc ( (GB:HAS) ) has provided an announcement.

Hays plc has announced the re-appointment of PriceWaterhouseCoopers (PwC) as its external auditor following a competitive audit tender process. This decision, aligned with UK legislation requiring audit tenders every 10 years, will take effect from the financial year ending June 2027, pending shareholder approval at the 2026 Annual General Meeting. The re-appointment of PwC, initially appointed in 2016, reflects the company’s adherence to regulatory standards and aims to ensure continued financial transparency and accountability.

Spark’s Take on GB:HAS Stock

According to Spark, TipRanks’ AI Analyst, GB:HAS is a Neutral.

Hays plc is currently navigating financial challenges, with declining revenue and profitability impacting its overall financial health. Despite these difficulties, short-term technical indicators suggest potential positive momentum. The recent insider buying activity indicates confidence in future prospects but is offset by the negative valuation metrics and market challenges. Investors should be cautious, balancing the attractive dividend yield against the profitability and market risks.

To see Spark’s full report on GB:HAS stock, click here.

More about Hays plc

Average Trading Volume: 3,939,214

Technical Sentiment Signal: Sell

Current Market Cap: £1.12B

For an in-depth examination of HAS stock, go to TipRanks’ Stock Analysis page.