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Hays pays $65 million dividend to UK parent; bottom line falls 27%

Hays' Australian business paid a $65 million dividend to its UK parent during FY23, a substantial increase on the $25 million the previous year.

Its financial report filed recently with ASIC, for the 53 weeks to 2 July 2023, shows Hays remains by far the largest and most profitable recruitment business in Australia, with revenue of $2.88 billion and profit before tax of $61.74 million.

The revenue figure was down from $2.99 billion the previous year, and profit before tax also dipped sharply...