Robert Walters (RWA)

Sector:

Support

Index:

FTSE Small Cap

 413.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 480.00
  • 52 Week Low: 353.00
  • Currency: UK Pounds
  • Shares Issued: 72.36m
  • Volume: 3,473
  • Market Cap: £298.83m
  • RiskGrade: 181

Robert Walters warns on FY profits amid 'difficult market conditions'

By Iain Gilbert

Date: Tuesday 10 Jan 2023

LONDON (ShareCast) - (Sharecast News) - Recruitment company Robert Walters issued a profit warning on Tuesday amid "difficult market conditions", with mounting economic fears and a slowing global jobs market weighing on the company.
Robert Walters said group revenues would be roughly £105.3m for the fourth quarter of 2022, up 8% year-on-year at constant currency, with Asia Pacific revenues up 3%, UK revenues 8% higher, and European revenues rising 18%.

However, while Robert Walters stated that full-year profits were still expected to be a record high for the group, albeit "slightly below" current market expectations.

Chief executive Robert Walters said: "The global macroeconomic backdrop became increasingly uncertain as the quarter progressed resulting in a softening of recruitment activity levels across many of the group's markets.

"The group has a strong global brand, a diverse breadth of geographies, disciplines and revenue streams and remains well positioned to both respond to and take advantage of any future market challenges and opportunities as they arise."

As of 0855 GMT, Robert Walters shares were down 6.37% at 505.60p.





Reporting by Iain Gilbert at Sharecast.com

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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 413.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 480.00
52 Week Low 353.00
Volume 3,473
Shares Issued 72.36m
Market Cap £298.83m
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
10:58 1,000 @ 409.05p
09:58 13 @ 415.00p
08:27 2,439 @ 410.00p
08:04 21 @ 410.00p

Robert Walters Key Personnel

CEO Toby Fowlston
CFO David Bower

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