Good business boosts Robert Walters value_2
17 September 2012
Upbeat trading statement
An upbeat trading statement sent shares in financial recruiter Robert Walters to an all-time high.
The company said net fee income for the first four months of 2006 was up about 25% on the same period last year.
Chief executive Robert Walters said: “All regions performed well and I look forward to reporting another year of strong trading.”
The shares have more than doubled.
The cash-rich company has spent £2.3m buying back shares this year and will buy more. For the whole of 2005, its net fee income was £88.1m, up 31% on 2004. About 44% of Walters consultants are in the Asia Pacific region.
