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9 Oct 2009 07:00
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9 October 2009
ROBERT WALTERS PLC
("RobertΒ Walters")
INTERIM MANAGEMENTΒ STATEMENT
for the quarterΒ ending 30 September 2009
Β
The Board ofΒ Robert WaltersΒ announces that net fee income for the third quarter was 29% below that achieved in the equivalent period of 2008.Β
Β
Whilst trading conditions remain challenging,Β there have beenΒ signs of improvement within certain disciplines, such as banking,Β andΒ inΒ certainΒ geographies,Β particularlyΒ Asia.Β TheΒ Group'sΒ balance sheet remains strong andΒ the Board isΒ comfortableΒ with ourΒ current staffing levels.Β
Β
Commenting on the third quarter,Β Robert Walters, Chief Executive said:
"Although the rate of decline in recruitment activity appears to be levelling out in some areas, the uncertain state of the global economy as a wholeΒ means that forward visibility remains limited. We areΒ committed to our strategy of growing market shareΒ and have begunΒ making selective hires to increase capacity where appropriate."
ENQUIRIES:
Β
|
Robert WaltersΒ plc |
+44 (0) 20 7379 3333 |
|
Robert Walters, Chief Executive |
|
|
Alan Bannatyne, Group Finance Director |
|
|
Pelham PR |
|
|
James Henderson |
+44 (0) 20 7337 1501Β |
|
james.henderson@pelhampr.com |
|
|
Archie Berens |
+44 (0) 20 7337 1509 |
|
|
archie.berens@pelhampr.com |
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