Been watching for some years now ever since my sister in law who worked for them said the results would be good...and now at 130p this could be a great chance to grab some cheap shares..the recent fall is overdone.

Thursday July 5 - Trading Statement


• Despite a challenging economic backdrop, white-collar recruiter Robert Walters achieved a “solid start to the year” and is expected to see employer and candidate confidence return in the second quarter, according to analysts.

Credit Suisse analysts expect that the second quarter will be “the trough” in terms of gross-profit growth rates.

They add that the business is well-positioned to benefit from growth in emerging markets and shortages in skilled labour.

However, productivity will fall, leading to a year-on-year decline in profit before tax, the analysts warned. Elsewhere, rival analysts said there was an “increasingly confident outlook” in the recruitment market, with growth in Asia offsetting weak domestic demand for jobs.