UK's Hays rises as Q1 net fee falls in line with expectations
** Shares of British recruiter Hays HAYS.L up 2.5% at 87.9 pence
** Stock among top pct gainers on the FTSE mid cap index .FTMC, which is down 0.1%
** Posts 14%fall in Q1 like-for-like net fees, which Jefferies says is in line with company consensus
** "Momentum was stable through the quarter. Consultant productivity continues to improve and structural cost saving programmes are progressing well" - Jefferies analysts
** Co targets 30 mln pounds ($39.18 mln) annual structural savings by 2027-end
** However, co forecasts fall in H1 profit from the previous six-month period
** Including session's gains, stock down 19.53%
($1 = 0.7657 pounds)
Reporting by DhanushVignesh Babu in Bengaluru
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