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Pin to quick picksRobert Walters Share News (RWA)

Share Price Information for Robert Walters (RWA)

London Stock Exchange
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Share Price: 678.00
Bid: 666.00
Ask: 680.00
Change: 36.00 (5.61%)
Spread: 14.00 (2.10%)
Open: 676.00
High: 678.00
Low: 676.00
Yest. Close: 642.00
RWA Live PriceLast checked at -

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IN BRIEF: Robert Walters Profit Plunges As Covid-19 Hobbles Business

Thu, 30th Jul 2020 15:56

Robert Walters PLC - London-based recruitment firm - For the first six months of 2020, pretax profit plunges by 79% to GBP4.3 million from GBP20.9 million a year before, on revenue that falls by 22% to GBP496.4 million from GBP634.5 million, as all regions the group operates in are significantly affected by the Covid-19 pandemic. Due to market uncertainty and volatility, Robert Walters will not pay an interim dividend. Looking ahead, current trading is in line with market expectation for 2020 as a whole, with strong balance sheet and cash position.

Current stock price: 405.01 pence

Year-to-date change: down 27%

By Dayo Laniyan; dayolaniyan@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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