focusIR May 2024 Investor Webinar: Blue Whale, Kavango, Taseko Mines & CQS Natural Resources. Catch up with the webinar here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRobert Walters Share News (RWA)

Share Price Information for Robert Walters (RWA)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 360.00
Bid: 359.00
Ask: 369.00
Change: 0.00 (0.00%)
Spread: 10.00 (2.786%)
Open: 0.00
High: 0.00
Low: 0.00
Prev. Close: 360.00
RWA Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

SMALL-CAP WINNERS & LOSERS: Motorpoint expects revenue to rise 9.1%

Thu, 06th Apr 2023 09:37

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

----------

SMALL-CAP - WINNERS

----------

De La Rue, up 2.9% at 48.86 pence, 12-month range 46.79p-118.8p. The bank note printer appoints Charles Andrews as interim chief financial officer. This follows the resignation of Rob Harding in January, who left to become CFO at PayPoint PLC. Most recently, Andrews was senior vice president Airframe at Meggitt PLC, and has held senior finance roles at Ingram Micro Inc and GSK. The stock has come under pressure in recent months, as a major shareholder, Crystal Amber Fund Ltd, has called for the removal of Chair Kevin Loosemore and publicly cited various failings of the company.

----------

Motorpoint Group PLC, up 2.7% at 134.5p, 12-month range 125.61p-276.01p. The second-hand car retailer says it expects to report revenue of GBP1.44 billion for the year ended on March 31, up 9.1% from GBP1.32 billion the year before, due to "vehicle mix and price inflation". Pretax profit is expected to be broadly break-even. Pretax profit was GBP21.5 million in financial 2022. The company adds that market share for 0-4 year vehicles in 2022 grew to 3.5% from 2.7% in 2021.

----------

SMALL-CAP - LOSERS

----------

Robert Walters PLC, down 1.4% at 432p, 12-month range 418.08p-750p. The recruitment firm reports a "slower start" to 2023. Net fee income in the first quarter rose 4% year-on-year to GBP102.4 million. It grew 16% in Europe and 18% in Other International, helping to offset a 9% decline in the UK and a 1% fall in Asia Pacific. However, on a constant currency basis, net fee income was flat. "Uncertain global macroeconomic conditions continued to impact recruitment activity levels across a number of the group's markets and disciplines," the firm said. Robert Walters points to the "relatively robust" market fundamentals such as vacancy levels and salary inflation, as well as a global shortage of qualified professionals. It expects the rebound in the Chinese economy, easing inflation and the stabilisation of the technology sector to boost the global outlook.

----------

Tyman PLC, down 2.2% at 227p, 12-month range 182.4p-327.5p. The supplier of door and window components says Jo Hallas will be stepping down as the company's chief executive officer and director, effective immediately. Chief Financial Officer Jason Ashton, will take on the position of interim CEO immediately until a permanent replacement is found. Tyman says Hallas will remain available to the company over the next 12 months to "ensure an orderly handover."

----------

MJ Gleeson PLC, down 1.5% at 429.59p, 12-month range 331p-643.18p. The Sheffield, England-based housebuilder and land investor falls as Halifax data shows a slowdown in UK house price growth. Annual growth in UK house prices weakened to levels not seen since October 2019, Halifax data showed. According to the mortgage lender, average house prices edged up 0.8% in March on a monthly basis. Growth slowed from a 1.2% climb in February. Annually, growth in house prices slowed to 1.6% in March, from the 2.1% climb seen in each of the previous three months.

----------

By Elizabeth Winter, Alliance News senior markets reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
19 Jul 2021 07:39

UPDATE 2-Recruiter SThree upbeat on outlook after first-half profit surge

(Adds detail, backgroud, shares, CEO, analyst comment)By Yadarisa ShabongJuly 19 (Reuters) - Recruitment company SThree on Monday forecast annual earnings ahead of current market estimates after first-half profit more than doubled and said the pan...

Read more
15 Jul 2021 07:53

UPDATE 2-Recruiter Hays expects IT sector fees to double in 5 years

* Q4 fees up 39%, UK & Ireland up 48%* Sees FY 2021 operating profit of around 95 mln pounds* Consultant headcount up 4% y-o-y (Adds CFO comment, more details, shares)By Indranil SarkarJuly 15 (Reuters) - Hays, one of the world's biggest recruiters...

Read more
9 Jul 2021 09:35

BROKER RATINGS: Bunzl and Burberry get upgraded to Buy

BROKER RATINGS: Bunzl and Burberry get upgraded to Buy

Read more
8 Jul 2021 01:01

UK's post-lockdown hiring boom hits record pace - REC

LONDON, July 8 (Reuters) - Britain's post-lockdown hiring boom roared on in June as employers signed up the most permanent staff since at least the late 1990s and a shortage of candidates hit unprecedented levels, driving up starting pay, a survey...

Read more
7 Jul 2021 22:00

TRADING UPDATES: Robert Walters lifts profit forecast again

TRADING UPDATES: Robert Walters lifts profit forecast again

Read more
7 Jul 2021 12:14

LONDON MARKET MIDDAY: Gains ahead of Fed minutes; Wise starts trading

LONDON MARKET MIDDAY: Gains ahead of Fed minutes; Wise starts trading

Read more
7 Jul 2021 10:52

SMALL-CAP WINNERS & LOSERS: Wincanton notes sector-wide driver issues

SMALL-CAP WINNERS & LOSERS: Wincanton notes sector-wide driver issues

Read more
7 Jul 2021 09:26

UPDATE 2-Miners, consumer staple stocks push FTSE 100 higher

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* UK house prices fall for first time since January* 888 biggest mid-cap dragger as reopening hurts daily revenue* FTSE 100 up 0.7%, FTSE 25...

Read more
7 Jul 2021 09:21

Robert Walters lifts profit expectations after solid second quarter

(Sharecast News) - Specialist recruitment firm Robert Walters reported a 25% improvement in group net fee income in its second quarter on Wednesday, to £89m, signalling that profit was now expected to be "significantly ahead" of expectations in the full year.

Read more
7 Jul 2021 08:01

WRAPUP 2-British recruiters signal recovery in hiring as economies exit lockdowns

(Adds details on key markets, headcount, shares)* PageGroup, Robert Walters raise annual profit targets* Companies say June saw significant improvement in hiring* Shares in both cos rise as much as 6% eachJuly 7 (Reuters) - British recruiters PageGro...

Read more
30 Jun 2021 16:03

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
29 Jun 2021 09:37

BROKER RATINGS: Goldman Sachs prefers Direct Line over Admiral

BROKER RATINGS: Goldman Sachs prefers Direct Line over Admiral

Read more
15 Jun 2021 13:39

Tuesday broker round-up

(Sharecast News) - Page Group: Morgan Stanley downgrades to underweight with a target price of 545p.

Read more
15 Jun 2021 09:31

BROKER RATINGS: Anglo American and PageGroup receive downgrades

BROKER RATINGS: Anglo American and PageGroup receive downgrades

Read more
14 Jun 2021 10:40

Liberum ups forecasts, target price on Robert Walters

(Sharecast News) - Liberum has upped its profits forecasts for Robert Walters and reiterated its 'buy' rating' following a unexpectedly strong trading update.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.