Hays made pre-tax profits of £51.6 million in the 12 months to 30 April 2023, compared with £14.4 million in 2021/22. Group turnover rose 93% to £423.5 million, compared with the previous year’s £219.4 million, while total transaction value doubled to £2.19 billion.
Group profit after tax was £40.2 million, compared with £12.9 million in 2021/22, a result which Hays said “exceeded expectations”. Figures were helped by foreign exchange sales of £21.5 million.
Dame Irene Hays, owner and chair of Hays Travel, said: “Our 2022-23 results show good growth in all areas of the business.
