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IN BRIEF: Robert Walters deliver strong first quarter on high demand

ALN

Robert Walters PLC - London-based recruitment firm - Reports gross profit of £98.4 million for the first quarter ended March 31, up 27% from £77.3 million, year-on-year. Says the quarter ended strongly with a record performance in March. Explains that recruitment levels continued to remain strong throughout the quarter, driven by high demand. Records broad-based growth across all forms of recruitment.

‘We have continued to invest in additional headcount to ensure we are able to take advantage of the demand for talent that exists across all of our markets and specialist disciplines with staff numbers increasing by a further 9% since the end of 2021,’ Chief Executive Robert Walters comments.

‘Current trading remains in line with board expectations,’ he adds.

Current stock price: 699.26 pence; up 3.1% on Thursday

Year-to-date change: up 19%

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