Robert Walters sees 10% increase in gross profits
7 October 2014
Robert Walters has seen a 10% increase in gross profits, according to its interim financial results.
Tue, 7 Oct 2014Robert Walters has seen a 10% increase in gross profits, according to its interim financial results.
For the third quarter ended 30 September gross profit (net fee income) reached £56.8m, compared to £51.7m for the same period last year.
The UK side of the business performed particularly strongly, with NFI increasing by 21% from £15.6m in 2013 to £18.9m.
Lowest profit growth was seen in the Asia-Pacific region, which saw NFI increase 2% to £24.3m, compared to £23.7m in 2013. Europe saw NFI growth of 5% to £10.8m.
Profit growth in all regions was overshadowed by the firm’s other international divisions, which pulled in NFI of £2.8m, compared to £2.1m in 2013, representing a 30% increase.
For the third quarter ended 30 September gross profit (net fee income) reached £56.8m, compared to £51.7m for the same period last year.
The UK side of the business performed particularly strongly, with NFI increasing by 21% from £15.6m in 2013 to £18.9m.
Lowest profit growth was seen in the Asia-Pacific region, which saw NFI increase 2% to £24.3m, compared to £23.7m in 2013. Europe saw NFI growth of 5% to £10.8m.
Profit growth in all regions was overshadowed by the firm’s other international divisions, which pulled in NFI of £2.8m, compared to £2.1m in 2013, representing a 30% increase.
