Robert Walters (RWA)

Sector:

Support

Index:

FTSE Small Cap

407.00p
   
  • Change Today:
    -6.00p
  • 52 Week High: 480.00
  • 52 Week Low: 353.00
  • Currency: UK Pounds
  • Shares Issued: 72.36m
  • Volume: 8,160
  • Market Cap: £294.49m
  • RiskGrade: 181

Robert Walters sees FY profits 'slightly ahead' of market expectations

By Michele Maatouk

Date: Wednesday 06 Jul 2022

LONDON (ShareCast) - (Sharecast News) - Recruiter Robert Walters said on Wednesday that full-year profit was set to be slightly ahead of current market expectations following a continued strong performance.
In an update for the second quarter to 30 June, the company said group net fee income rose 26% to a record £112m. Other international net fee income was up 56% at £10.4m, while Europe saw a 35% jump to £31.5m and the UK registered a 13% increase to £20.4m. In Asia Pacific, net fee income was ahead 22% at £49.7m.

The company said broad-based growth continued across all forms of recruitment - permanent, contract, interim and recruitment process outsourcing.

Chief executive Robert Walter said: "We have continued to invest in additional headcount to ensure we are able to further capitalise on the current demand for talent that exists across our global footprint and specialist disciplines, with staff numbers increasing by 7% since the end of March.

"This continued strong performance means that profit for the full year is now expected to be slightly ahead of current market expectations."

At 0850 BST, the shares were up 4.1% at 530p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Robert Walters Market Data

Currency UK Pounds
Share Price 407.00p
Change Today -6.00p
% Change -1.45 %
52 Week High 480.00
52 Week Low 353.00
Volume 8,160
Shares Issued 72.36m
Market Cap £294.49m
RiskGrade 181

Robert Walters Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
67.77% above the market average67.77% above the market average67.77% above the market average67.77% above the market average67.77% above the market average
77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average77.78% above the sector average
Price Trend
20.69% below the market average20.69% below the market average20.69% below the market average20.69% below the market average20.69% below the market average
24.75% below the sector average24.75% below the sector average24.75% below the sector average24.75% below the sector average24.75% below the sector average
Income
63.38% above the market average63.38% above the market average63.38% above the market average63.38% above the market average63.38% above the market average
53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average53.85% above the sector average
Growth
76.88% below the market average76.88% below the market average76.88% below the market average76.88% below the market average76.88% below the market average
86% below the sector average86% below the sector average86% below the sector average86% below the sector average86% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Robert Walters Dividends

  Latest Previous
  Final Interim
Ex-Div 02-May-24 31-Aug-23
Paid 31-May-24 29-Sep-23
Amount 17.00p 6.50p

Trades for 28-Mar-2024

Time Volume / Share Price
15:27 1 @ 407.00p
15:27 13 @ 407.00p
15:15 1,985 @ 409.00p
15:14 24 @ 407.00p
13:52 20 @ 407.00p

Robert Walters Key Personnel

CEO Toby Fowlston
CFO David Bower

Top of Page