Robert Walters says hiring accelerated markedly

7th Jul 2010 13:54

Robert Walters rallied after the recruitment company said hiring had accelerated markedly in the second quarter in Asia and the City of London.As a result, group net fee income for the half year rose to £72.3m compared with £50.0m last time after second quarter fee income jumped by 59% to £39.7m.Chief executive Robert Walters said: "Our Asia Pacific business has delivered an outstanding performance and we intend to continue growing our office footprint across the region to build on our market leading position.""Our UK business has also experienced increased levels of activity, most notably in the financial services sector. In Europe, the group has done well to grow net fee income against a backdrop of continuing economic uncertainty."