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9 Oct 2008 07:00
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9 OCTOBERΒ 2008
ROBERT WALTERS PLC
("RobertΒ Walters"Β orΒ "theΒ Group")
INTERIM MANAGEMENT STATEMENT
Robert Walters plc is today publishing its Interim Management Statement for theΒ threeΒ month period from 1 JulyΒ 2008 to 30Β SeptemberΒ 2008.
The Group performed satisfactorily in the third quarter, with net fee income 6% above that achievedΒ in the same periodΒ as 2007. This performance was achievedΒ against a background ofΒ ongoing difficult conditions in theΒ UKΒ andΒ a weakening of demand from financial sector clients in certain Asia Pacific markets.
In viewΒ of these conditions, and following the action taken in the first half of the year in theΒ UK, we have continued to reduce headcount where appropriate in those markets affected.
As reflected in these results, the Group's increased international spread of business and diversification of recruitment disciplinesΒ into new areasΒ continues to provide a degree of protection inΒ the current challengingΒ economicΒ climate.
ENQUIRIES:
Β
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Robert WaltersΒ plc |
+44 (0) 20 7379 3333 |
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Robert Walters, Chief Executive |
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Alan Bannatyne, Finance Director |
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Pelham PR |
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JamesΒ Henderson |
+44 (0) 20 7743 6673Β |
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james.henderson@pelhampr.com |
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|
Archie Berens |
+44 (0) 20 7743 6679 |
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archie.berens@pelhampr.com |
|
James Moore |
+44 (0) 20 3178 6243 |
|
james.moore@pelhampr.com |
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