That’s according to a results statement, released late yesterday, revealing Q1 revenue of $1.4bn (£1.03bn), up 6.2% increase, or 3.5% in constant currency, compared to Q1 2017.

Q1 earnings from operations for the first quarter of 2018 were $12m, compared to $16.4m reported for the first quarter of 2017 but this included restructuring charges of $2.4m. Excluding the restructuring charges, adjusted 2017 earnings from operations were $18.8m.

Commenting on the group’s performance, president and CEO George Corona said: “In the first quarter we saw top-line growth, robust growth in fees, and upward momentum in outcome-based services.

“As our growth in the first quarter was at a slower pace, we are closely monitoring market dynamics to ensure our expenses are in line with our expected revenue and GP growth.

“We will continue to focus on our strengths, make strategic investments in technology to connect with talent and customers like never before and pursue our strategy with urgency.”

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