Scancell founder says the company is ready to commercialise novel medicines to counteract cancer. Watch the video 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: 421.00
Bid: 421.00
Ask: 425.00
Change: -2.00 (-0.47%)
Spread: 4.00 (0.95%)
Open: 421.00
High: 421.00
Low: 421.00
Prev. Close: 423.00
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
9 Jul 2020 15:56

UK TRADING UPDATE SUMMARY: eEnergy And BigDish Welcome Sunak Stimulus

UK TRADING UPDATE SUMMARY: eEnergy And BigDish Welcome Sunak Stimulus

Read more
9 Jul 2020 12:50

Lockdown causes fee income to tumble at Robert Walters

(Sharecast News) - Robert Walters reported a slump in fee income on Thursday after the Covid-19 pandemic and subsequent lockdown weighed heavily on the recruiter.

Read more
9 Jul 2020 08:03

UPDATE 2-British recruiters' income falters as pandemic stifles hiring

* PageGroup Q2 net fees fall 48%* Robert Walters Q2 net fees drop 34%* Both firms cut more staff (Recasts lead, adds shares, CEO comments, background)By Indranil Sarkar and Yadarisa ShabongJuly 9 (Reuters) - British recruiter PageGroup said on Thur...

Read more
9 Jul 2020 07:21

Robert Walters' income falls by a third as pandemic slows hiring

July 9 (Reuters) - Recruiter Robert Walters reported a one-third fall in second-quarter net fee income on Thursday as companies put hiring on ice during coronavirus-linked lockdowns, while adding it was performing in line with market forecasts for...

Read more
2 Jul 2020 16:15

UK Earnings, Trading Statements Calendar - Next 7 Days

UK Earnings, Trading Statements Calendar - Next 7 Days

Read more
15 Jun 2020 08:08

REFILE-UPDATE 1-SThree reports fall in net fees as coronavirus takes toll on hiring

(Refiles to correct spelling of Dorman in paragraph 3)June 15 (Reuters) - British recruiting firm SThree reported a 7% fall in half-year net fees on Monday, with its UK and Japan businesses taking the biggest hit, as companies refrained from hiring...

Read more
13 May 2020 16:00

Robert Walters Faces Shareholder Ire Over Remuneration Report

Robert Walters Faces Shareholder Ire Over Remuneration Report

Read more
6 May 2020 16:09

UK Shareholder Meetings Calendar - Next 7 Days

UK Shareholder Meetings Calendar - Next 7 Days

Read more
24 Apr 2020 09:38

UK BROKER RATINGS SUMMARY: Jefferies Cuts Diageo, Goldman Cuts Hikma

UK BROKER RATINGS SUMMARY: Jefferies Cuts Diageo, Goldman Cuts Hikma

Read more
21 Apr 2020 16:33

UK DIRECTOR DEALINGS SUMMARY: Robert Walters Buys GBP100,000 Worth

UK DIRECTOR DEALINGS SUMMARY: Robert Walters Buys GBP100,000 Worth

Read more
14 Apr 2020 13:25

Tuesday broker round-up

(Sharecast News) - Smith & Nephew: Citigroup downgrades to neutral with a target price of 1,700p.

Read more
14 Apr 2020 09:50

UK BROKER RATINGS SUMMARY: Barclays Raises Centrica And Cuts SSE

UK BROKER RATINGS SUMMARY: Barclays Raises Centrica And Cuts SSE

Read more
8 Apr 2020 14:46

UK TRADING UPDATE SUMMARY: Novacyt Gets WHO Covid-19 Test Kit Okay

UK TRADING UPDATE SUMMARY: Novacyt Gets WHO Covid-19 Test Kit Okay

Read more
8 Apr 2020 08:51

Robert Walters sees tough outlook as fees drop

(Sharecast News) - Robert Walters said it expected difficult trading after fees fell in the first quarter as the Covid-19 crisis hit recruitment in the UK and other markets.

Read more
8 Apr 2020 08:18

UPDATE 2-Recruiter PageGroup cuts more jobs, directors' pay as fees fall

* PageGroup to cut 250 more jobs in April* PageGroup laid off 132 employees in Q1* Robert Walters, PageGroup Q1 fees fall 11-12% (Adds Robert Walters' comment, analyst quote, background)By Indranil Sarkar and Yadarisa ShabongApril 8 (Reuters) - Recr...

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.