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Another quarter of declining GP for Hays and Robert Walters

Hays and Robert Walters have both reported gross profit falls of more than 20% for the March quarter, in trading updates released overnight.

Hays' Australian gross profit fell 20% year-on-year in constant currency.

All regions reported declines, with NSW and Victoria (which together represent 50% of the Australian business) down 25% and 15% respectively...

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