Robert Walters posts 60 per cent profit slump as economic woes clobber recruitment August 1, 2023 A recruiter that is often viewed by analysts as a bellwether for the UK jobs market has posted a 60 per cent drop in profits as a result of firms trimming hiring amid the economic slowdown. Robert Walters, which specialises in sourcing talent for the City’s biggest banks, brokers and insurers, said today operating profits [...]
Recruiter Robert Walters hit by continued volatility in tech and finance sectors July 6, 2023 Profit at Robert Walters remained subdued in the second quarter as the recruitment firm struggled with global market uncertainty. In the three months to June, gross profit across the group fell 11 per cent to £99.9m compared to the year before. It said the second quarter of last year was a “record” quarter. Toby Fowlston, [...]
Robert Walters: Share price plunges for recruitment giant after warning of ‘significantly’ lower profits June 14, 2023 Global recruitment agency Robert Walters shares nosedived this morning when markets opened as the staffing firm warned that its profits for the year would be “significantly” lower than previously anticipated. Shares in the London-listed recruiter plunged by 15 per cent, however they have now clawed back to around 13 per cent, as the group posted [...]
A tale of two markets: ‘Muted’ UK recruitment offset by thriving Europe, says Robert Walters April 6, 2023 Robert Walters said its group profit remained flat in the first quarter of 2023 compared to last year, as a European recruitment drive offset falls elsewhere. Group profit was flat compared to last year on a constant currency basis, although it rose four per cent to £102.4m from £98.4m on a reported level. The recruiter [...]
Recruiter Robert Walters sounds profit alarm on recession chilling UK jobs market January 10, 2023 Jitters over the UK economy tumbling into a tough recession is likely to trigger a hiring slow down, sparking recruiter Robert Walters to today warn its full year profits will drop below expectations. The alert sent the firm’s London-listed shares down more than three per cent today, clawing back some ground after shedding around nine [...]
Recruitment firm Robert Walters continues to cash in on hiring spree October 11, 2022 Recruitment firm Robert Walters continues to cash in on the competitive labour market, with gross profit jumping 22 per cent in the third-quarter. The British firm said net fee income climbed 26 per cent year-on-year to £112m in the three months ending 30 September. “The macro-economic backdrop became more uncertain as the quarter progressed. Nevertheless, job flow [...]
Recruiter Robert Walters notches record quarter amid hypercompetitive labour market July 6, 2022 London-listed recruiter Robert Walters said today it enjoyed a record quarter in the three months to June as firms jostled for talent in a hypercompetitive jobs market.
Robert Walters’s profit powered by hot job market and post-pandemic boom October 7, 2021 A hot job market and post-pandemic boom have helped Robert Walters to report a profit which exceeded expectations. Robert Walters reported a gross profit of £91.8m during the third quarter, an increase of 26% from the same time last year. The recruitment firm reported a 26 per cent year-on-year gross profit up from £72.8m from [...]
The City View: Robert Walters on the ‘perfect storm’ hitting the jobs market June 15, 2020 In this episode, Christian talks to Robert Walters, founder and CEO of Robert Walters, the London-listed global recruitment giant, about how the pandemic and lockdown has affected his business and what it means for professional recruitment in the months ahead. Robert is highly critical of the government’s messaging around easing the lockdown measures and offers a [...]
Robert Walters blames ‘savage’ coronavirus for UK profit hit April 8, 2020 Recruiter Robert Walters has bemoaned the “savage” economic impact of coronavirus as UK fee income slumped 29 per cent over the first quarter of 2020. The recruitment agency is seen as an economic bellwether and took a hit from Brexit uncertainty and the lead-up to December’s General Election in 2019. “It’s largely a hangover from [...]