FINANCIALS: Robert Walters sees group revenue grow across the board

Global recruiter Robert Walters has seen group revenue increase 23% year-on-year, according to results for the year ended 31 December 2016.

The group’s results, published this morning, reveals group revenue rose from £812.7m to £998.5m in 2016, while gross profit increased 19% from £234.4m to £278.3m over the same period.

Across the group, UK net fee income grew 8% to £86.7m, while NFI in Asia Pacific was up 22% with the group’s Japan business delivering a record performance. NFI in Europe was up 30% on 2015 with record performances in France, Netherlands and Belgium.

The group’s Resource Solutions business also saw strong NFI growth benefitting from significant investment made during H1 2016.

Commenting on the results, CEO Robert Walters said he was very pleased to report a record set of results for the group with profit before tax increasing by 26% to £28.1m. 

“We grew NFI across all of the group's regions and opened offices in four new countries: Canada, India, the Philippines and Portugal.

"Looking ahead, we remain mindful of the unpredictable geopolitical environment, however, the group's global footprint coupled with the range of recruitment services we provide positions us well to maximise opportunities for growth as they arise."

The firm will publish an interim management statement for the first quarter ending 31 March 2017 on 11 April.

Twitter Twitter

Settled status for EU workers good for UK plc

Recruiters have welcomed government plans granting EU workers “settled status” post-Brexit as good for UK plc and for the hiring of talent into the recruitment sector itself.

Legislation 26 June 2017

Computershare to create 300 jobs in Edinburgh

Australian financial services company Computershare is to create 300 new jobs over the next three to four years at a new technology centre of excellence in Edinburgh.

26 June 2017

CONTRACTS & DEALS: 26-30 JUNE 2017

This week’s contracts and deals, including Amrop, CIPD, Driver Hire, Gravitas Recruitment Group, Hays Talent Solutions, Kubrick Group, Liquid Careers, N-Trust Care Services, Nakama, Recruitive Software, Sheffield Haworth

Contracts 26 June 2017

NEW TO THE MARKET: 26-30 JUNE 2017

Latest new launches, openings or products within the recruitment industry, including: Airswift, Argyll Scott, BSI, Cartus Corporation, CILT, National Locums, NonStop Recruitment, Talentpuddle, Technically Compatible, The Best Connection

New to Market 26 June 2017
Top