Robert Walters profit up amid growth across all markets
10th Mar 2016 10:59
(ShareCast News) - Recruiter Robert Walters posted a 23% rise in 2015 profit as revenue grew thanks to a strong performance across its markets. In the year to the end of December, pre-tax profit came in at £22.4m from £18.2m in 2014, as revenue increased 20% to £812.7m. Operating profit, meanwhile,
Read moreRobert Walters posts rise in net fee income
11th Jan 2016 07:36
(ShareCast News) - Recruitment and HR outsourcing specialist Robert Walters posted a jump in group net fee income for the fourth quarter although it highlighted a slowdown in the UK permanent market. For the quarter ended 31 December, group net fee income rose 5% from the fourth quarter of 2014 to £
Read moreRobert Walters posts growth in third-quarter net fee income
6th Oct 2015 08:38
(ShareCast News) - Robert Walters reported growth in third-quarter net fee income, as its emerging market and more well-established recruitment business continue to perform well. The recruiter said net fee income rose 11% year-on-year in constant currency to £60.4m, with the UK up 14% and Europe up
Read moreCredit Suisse ups Robert Walters price target after first-half numbers
19th Aug 2015 15:48
(ShareCast News) - Credit Suisse raised its price target on Robert Walters to 500p from 420p as it lifted earnings per share forecasts following the company's first-half results. "We expect Robert Walters will continue to benefit from a combination of improving market confidence, rising consultant p
Read moreBroker tips: Robert Walters, Imperial Tobacco
19th Aug 2015 15:31
(ShareCast News) - Credit Suisse raised its price target on Robert Walters to 500p from 420p as it lifted earnings per share forecasts following the company's first-half results. "We expect Robert Walters will continue to benefit from a combination of improving market confidence, rising consultant p
Read moreRobert Walters surges higher after 11% rise in second-quarter fee income
7th Jul 2015 09:54
Shares in Robert Walters surged 6% after the recruitment specialist posted an 11% rise in second-quarter net fee income, despite currency headwinds, and sounded a confident note on its full-year outlook. Net fee income came in at £60m, up from £53.9m in the second quarter of last year. This was a 15
Read moreThursday broker round-up
9th Apr 2015 11:58
Marks&Spencer: Cannacord Genuity reiterates hold and tweaks price target to 530p from 525p. Antofagasta: Credit Suisse reiterates neutral stance with a 710p target. BG Group: Citigroup reiterates buy and lifts target to 1,332p. Robert Walters: Credit Suisse reiterates outperform and improves targe
Read moreRobert Walters boots 2014 operating profit by 80%
26th Feb 2015 08:41
The growing confidence in the corporate world helped London-listed staffer Robert Walters to increase full year operating profit by a whopping 80% to £18.2m. Hot off the heels from rival recruiter Hays' bumper full year earnings released on 25 February, Robert Walters struck a similar bullish tone o
Read moreRobert Walters shares soar after firm raises FY profit estimates
4th Dec 2014 10:32
Recruitment consultancy company Robert Walters raised its full year profit estimates for the third time in 2014. The group, which operates in 24 different countries, cited strong trading across all its regions in the first two months of the fourth quarter and added it expected full year profit to be
Read moreThursday broker round-up
4th Dec 2014 08:46
Aberdeen: Charles Stanley downgrades to 'hold'. Afren: Canaccord reduces target price from 115p to 65p, while staying with its 'speculative buy' recommendation. Amino Technologies: Northland moves target price from 120p to 130p and retains a 'buy' recommendation. Belgravium Technologies: WH Irelan
Read moreTuesday broker round-up UPDATE
7th Oct 2014 09:45
African Minerals: Canaccord Genuity lowers target price from 20p to 15p with a hold recommendation. Aggreko: Exane initiates with a target price of 1500p and an underperform rating. Amec: Liberum Capital cuts target price from 1035p to 908p staying with its sell recommendation. Antofagasta: Canacc
Read moreRobert Walters gives confident outlook after strong third quarter
7th Oct 2014 08:05
Recruitment group Robert Walters forecast profits ahead of expectations after a buoyant business from its operations around the globe. The group said it had achieved strong growth in net fee income of 10% or 16% at constant currencies in the third quarter. Its UK business continued to do well with
Read moreFriday broker round-up UPDATE
18th Jul 2014 07:55
Barclays: Credit Suisse cuts target price from 275p to 235p retaining a neutral rating. Barratt Developments: Liberum Capital reduces target price from 468p to 387p and downgrades to hold. Bellway: Liberum Capital reduces target price from 1900p to 1764p, while leaving its buy recommendation uncha
Read moreTuesday tips round-up: AVEVA, Recruitment stocks
15th Jul 2014 07:37
'Hold' shares of engineering software group AVEVA for the long term, recommended the Tempus column in The Times on Tuesday. While AVEVA is seen by analysts as a "world-class British company with a leading position in its core business", the market has fallen out of love with the stock, according to
Read moreRobert Walters annual profits to be at "upper end" of forecasts
7th Jul 2014 11:08
International recruitment group Robert Walters has said that full-year profits will be at the "upper end of market expectations" after a decent second quarter. Net fee income, or gross profit, for the three months to June 30th totaled £53.9m, up 5% on the prior year but 12% higher on a constant exc
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