SpaceX IPO is the biggest IPO in stock market history. Join the conversation.Click here

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRobert Walters Regulatory News (RWA)

Share Price Information for Robert Walters (RWA)

Share Price is delayed by 15 minutes
Get Live Data
85.00    1.00 (1.19%)
Bid:
84.00
Ask:
89.20
Spread: 5.20 (6.19%)
Market Cap: £55.91m
RWA Live PriceLast checked at - London Stock Exchange

Intraday Robert Walters Share Chart

Interim Management Statement

4 Oct 2012 07:00

RNS Number : 8842N
Robert Walters PLC
04 October 2012
 



4 October 2012

 

ROBERT WALTERS PLC

 

Interim management statement for the third quarter ended 30 September 2012

 

FINANCIAL AND OPERATIONAL HIGHLIGHTS

 

Gross Profit (Net Fee Income)

Q3 2012

Q3 2011

% change

% change (constant currency*)

Asia Pacific

£24.1m

£25.4m

(5%)

(6%)

UK

£13.1m

£12.1m

+8%

N/A

Europe

£9.5m

£9.2m

+3%

+14%

The Americas and South Africa

£1.8m

£1.3m

+45%

+50%

Group

£48.5m

£48.0m

+1%

+3%

 

·; Solid third quarter results with Group net fee income up 3% on a constant currency basis. Overall, Group trading in line with expectations.

·; Sequential quarter on quarter growth in Asia Pacific.

·; Group completed the purchase of the remaining minority interest of its China business.

·; Resource Solutions, the Group's recruitment outsourcing business, has performed strongly and won a number of new clients. This is largely responsible for Group headcount increasing to 2,273 (30 June 2012: 2,159).

·; Strong net fee income growth rates in France and Germany.

·; Balance sheet remains strong with current net cash of £6.0m (30 June 2012: £4.5m).

 

Robert Walters, Chief Executive, commented:

 

"These are solid results, given a global economic backdrop that continues to be challenging. Trading conditions in the UK, Continental Europe, the Americas and South Africa remained broadly unchanged in the third quarter, whilst Asia Pacific has continued to be impacted by the ongoing weakness in the financial services sector.

 

"The management structures that we have in place have always allowed us to react swiftly to market conditions; and our international brand strength, geographic and discipline diversity and experienced management team leave us well placed to meet these challenges and continue to deliver positive results."

 

The Group will publish its fourth quarter and full year trading update on 8 January 2013.

 

 * Constant currency is calculated by applying prior year exchange rates to local currency results for the current and prior years.

 

ENQUIRIES:

Robert Walters plc

+44 (0) 20 7379 3333

Robert Walters, Chief Executive

Alan Bannatyne, Group Finance Director

Pelham Bell Pottinger

James Henderson

+44 (0) 20 7861 3160

jhenderson@pelhambellpottinger.co.uk

Archie Berens

+44 (0) 20 7861 3112

aberens@pelhambellpottinger.co.uk

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
IMSBRBDGDBGBGDX
Date   Source Headline
31st Jan 20224:37 pmRNSPrice Monitoring Extension
31st Jan 20221:31 pmRNSTotal Voting Rights
11th Jan 20227:00 amRNSQ4 Trading update: PROFIT AHEAD OF EXPECTATIONS
23rd Dec 20217:00 amRNSDirectorate Change
16th Dec 20217:00 amRNSTrading Update
30th Nov 202111:57 amRNSTotal Voting Rights
29th Nov 20211:04 pmRNSHolding(s) in Company
22nd Nov 20219:13 amRNSHolding(s) in Company
29th Oct 202112:00 pmRNSTotal Voting Rights
13th Oct 202110:41 amRNSBLOCK LISTING SIX MONTHLY RETURN
7th Oct 20217:00 amRNSQ3 Trading Update: PROFIT AHEAD OF EXPECTATIONS
4th Oct 202110:36 amRNSHolding(s) in Company
30th Sep 20213:12 pmRNSTotal Voting Rights
30th Sep 20218:46 amRNSHolding(s) in Company
23rd Sep 20217:00 amRNSNotice of Capital Markets Event
31st Aug 20211:00 pmRNSTotal Voting Rights
4th Aug 20219:06 amRNSDirector/PDMR Shareholding
27th Jul 20217:00 amRNSHalf-Yearly Financial Results
7th Jul 20214:30 pmRNSHolding(s) in Company
7th Jul 20217:00 amRNSTrading update for second quarter ended 30/06/21
30th Jun 202111:02 amRNSTotal Voting Rights
11th Jun 20217:00 amRNSTrading Update
12th May 20212:59 pmRNSResult of 2021 Annual General Meeting
30th Apr 20211:36 pmRNSTotal Voting Rights
14th Apr 20213:25 pmRNSAmended - Trading Update for Q1 ended 31 Mar 2021
14th Apr 20217:00 amRNSTrading Update for first quarter ended 31 Mar 2021
13th Apr 20211:15 pmRNSBlock listing Interim Review
9th Apr 20211:31 pmRNSAnnual Financial Report
31st Mar 20211:58 pmRNSTotal Voting Rights
19th Mar 20212:21 pmRNSHolding(s) in Company
2nd Mar 20214:13 pmRNSDirector/PDMR Shareholding
2nd Mar 20217:00 amRNSRobert Walters results for year ended 31 Dec 2020
18th Feb 202112:39 pmRNSHolding(s) in Company
8th Feb 20217:00 amRNSHolding(s) in Company
4th Feb 20217:00 amRNSHolding(s) in Company
29th Jan 20211:32 pmRNSTotal Voting Rights
21st Jan 20218:37 amRNSHolding(s) in Company
19th Jan 20217:52 amRNSHolding(s) in Company
18th Jan 20211:18 pmRNSHolding(s) in Company
12th Jan 20217:00 amRNSRobert Walters Q4 Trading Update
8th Jan 20213:45 pmRNSHolding(s) in Company
7th Jan 20218:29 amRNSHolding(s) in Company
31st Dec 20209:40 amRNSTotal Voting Rights
30th Dec 20207:00 amRNSDirectorate Change
17th Dec 20207:00 amRNSHolding(s) in Company
2nd Dec 20207:00 amRNSDirector/PDMR Shareholding
30th Nov 20205:11 pmRNSTotal Voting Rights
13th Oct 202011:04 amRNSBLOCK LISTING SIX MONTHLY RETURN
8th Oct 20207:00 amRNSQ3 trading update and dividend declaration
1st Oct 20202:30 pmRNSDirectorate Change

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.