Robert Walters Share News (RWA)

UK profit warnings hit highest yearly level since 2008, outside Covid

(Alliance News) - The proportion of UK-listed companies that issued profit warnings in the past year was higher than any year since 2008, outside of the pandemic, according to new analysis.

British recruiters hit by slow hiring, reluctance to switch jobs

Hays quarterly fees down 2%

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Weaker economic outlook dents fee income at Hays

(Sharecast News) - Hays reported a dip in quarterly fee income on Thursday, on the back of growing macroeconomic uncertainties.

IN BRIEF: Robert Walters gross profit down 11% on year in 2nd quarter

Robert Walters PLC - London-based recruitment firm - Gross profit in its second quarter ended June 30 is down 11% at GBP99.9 million from GBP112 million a year prior. Robert Walters says global market uncertainty continues to hurt both candidate and client confidence. Net cash falls 0.8% to GBP69.9 million on June 30 from GBP70.5 million on March 31. Headcount down 2.8% to 4,280 from 4,403 a the end of the first quarter.

Recruiter Robert Walters sees fees drop on staff shortages, waning tech demand

July 6 (Reuters) - Low employer confidence and significant candidate shortages in the UK, coupled with waning demand for tech specialists, squeezed British recruiter Robert Walters in the second quarter, sending its quarterly net fees down 10%.

Fee income tumbles at Robert Walters

(Sharecast News) - Robert Walters reported a slide in quarterly fee income on Thursday, despite high levels of job vacancies, as the weak macroeconomic backdrop dampened confidence.

UK earnings, trading statements calendar - next 7 days

UK's FTSE 100 rises on mining boost; Fed decision awaited

Retail, films drive modest UK economic growth

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LONDON MARKET CLOSE: Europe rises as US inflation eases pre-Fed nerves

(Alliance News) - Blue-chip stocks in Europe ended higher on Wednesday, with Frankfurt's DAX 40 hitting a record high, as cooling US inflation all but ensures the Federal Reserve will decide against a rate hike later today.

European recruiters slump after Robert Walters signals pain ahead

LONDON, June 14 (Reuters) - Shares in Europe's recruitment companies slumped on Wednesday after a profit warning by London-listed Robert Walters signaled more pain ahead for the hiring industry.

SMALL-CAP WINNERS & LOSERS: Robert Walters drops on lowered outlook

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

LONDON MARKET OPEN: Stocks up amid growth for UK economy; Fed in focus

(Alliance News) - Stock prices in London opened slightly higher on Wednesday morning as investors cheered renewed, albeit minor, growth for the UK economy in April.

Robert Walters FY profit to miss market views, shares tumble

(Sharecast News) - Robert Walters tumbled on Wednesday after the recruiter warned that full-year profit was set to be "significantly" lower than current market expectations, as it reported a drop in net fee income.

IN BRIEF: Robert Walters shares drop as lower annual profit predicted

Robert Walters PLC - London-based recruitment firm - Says annual profit will be "significantly lower" than current market expectations. Net fee income for the first two months of the second quarter of 2023 was down 9%. Robert Walters adds it has not seen sustained improvement in candidate confidence or hire times, despite its prior expectations. Recruitment market fundamentals such as job flow, candidate shortages and wage inflation remain solid, it says, meaning that when market confidence recovers, there will "likely be a return to meaningful growth". Robert Walters is focused on protecting its "strategic core" to ensure it can "fully benefit" from future growth opportunities.

Liberum says low level of UK unemployment may weigh on Staffline

(Alliance News) - Liberum maintained its full-year estimates for Staffline Group PLC on Monday, despite expecting macroeconomic headwinds for the recruitment and training agency to persist into the second half of 2023.