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: 361.00
High: 364.00
Low: 359.00
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
17 Dec 2021 09:37

LONDON BROKER RATINGS: Trio of cuts for boohoo; Liberum lifts Domino's

LONDON BROKER RATINGS: Trio of cuts for boohoo; Liberum lifts Domino's

Read more
16 Dec 2021 17:22

TRADING UPDATES: Confident outlooks from Hunting, Audioboom, SigmaRoc

TRADING UPDATES: Confident outlooks from Hunting, Audioboom, SigmaRoc

Read more
16 Dec 2021 08:05

Recruiter Robert Walters lifts FY expectations

(Sharecast News) - Recruiter Robert Walters lifted its full-year expectations on Thursday following strong trading in the fourth quarter.

Read more
7 Oct 2021 13:37

IN BRIEF: Robert Walters ups forecast on promising UK jobs market

IN BRIEF: Robert Walters ups forecast on promising UK jobs market

Read more
7 Oct 2021 09:35

UPDATE 2-Miners, banks lift FTSE 100 to its best session in two-weeks

(For a Reuters live blog on U.S., UK and European stock markets, click LIVE/ or type LIVE/ in a news window)* Auto retailer Pendragon gains on strong quarterly performance* Recruiter Robert Walters rises on strong profit forecast* FTSE 100 up 1.2%,...

Read more
7 Oct 2021 08:24

Robert Walters sees FY profit 'comfortably ahead' of market expectations

(Sharecast News) - Recruiter Robert Walters said on Thursday that full-year profit was set to be "comfortably ahead" of market expectations after strong third-quarter trading.

Read more
30 Sep 2021 15:56

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

Read more
24 Sep 2021 16:07

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
8 Sep 2021 15:14

IN BRIEF: Grainger names Breedon Director Carol Hui as non-executive

IN BRIEF: Grainger names Breedon Director Carol Hui as non-executive

Read more
26 Aug 2021 15:54

UK dividends calendar - next 7 days

UK dividends calendar - next 7 days

Read more
4 Aug 2021 14:23

DIRECTOR DEALINGS: Robert Walters CEO sells GBP2.8 million in shares

DIRECTOR DEALINGS: Robert Walters CEO sells GBP2.8 million in shares

Read more
27 Jul 2021 19:49

TRADING UPDATES: Robert Walters delivers record performance; FRP grows

TRADING UPDATES: Robert Walters delivers record performance; FRP grows

Read more
27 Jul 2021 10:18

'Talent war' pushing white-collar pay higher, British recruiter says

* Robert Waters says trading above market expectations* Co reports surge in HY earnings on hiring rebound* COVID impacting mobility of talentBy Chris PetersJuly 27 (Reuters) - The COVID-19 pandemic has worsened a shortage of white-collar workers in ...

Read more
27 Jul 2021 09:54

Robert Walters posts record H1 profit amid 'war for talent'

(Sharecast News) - Recruiter Robert Walters posted record first-half profits on Tuesday as it pointed to a "global war for talent", driven by acute shortages of professionals across almost all disciplines due to the Covid-19 crisis.

Read more
20 Jul 2021 15:53

UK earnings, trading statements calendar - next 7 days

UK earnings, trading statements calendar - next 7 days

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.