Income boost for Robert Walters fuelled by North American growth

Robert Walters deliver a 33% increase in group net fee income (NFI) in the first quarter of the year.

Robert Walters deliver a 33% increase in group net fee income (NFI) in the first quarter of the year.

This is according to a trading update for the quarter ended 31 March 2017, published this morning.

The update reveals NFI from its ‘Other International’ segment, including North America, Brazil, the Middle East and South Africa rose 74% to £4.7m, with strongest growth recorded across North America.

Meanwhile, NFI rose 27% in the UK to £23.9m with a “notable” upturn in financial services recruitment activity in London, alongside good performances in legal recruitment and across the various regions of the UK.

Across the rest of the group NFI also rose – 29% to £31.7m in Asia Pacific and 40% to £18m in Europe.

Commenting on the update group CEO Robert Walters pointed to a positive start to the year, adding: “We remain confident about the Group’s prospects for the full year.”  

The group will publish a trading update for the three months ending 30 June 2017 on 12 July 2017.

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CONTRACTS & DEALS: 9-13 SEPTEMBER 2019

This week’s launches include: Brightwork, CV-Library, Driver Hire, Fedcap Employment, JobDiva, JobTeaser, Norman Broadbent Group, Sonovate

Contracts 9 September 2019

APPOINTMENTS: 2-6 SEPTEMBER 2019

This week’s appointments include: Aspire, Eames Consulting Group, Heidrick & Struggles, HRC Recruitment, NHS Professionals, Orion Group, Precision Search, Redgrave, tml Partners

People 2 September 2019

APPOINTMENTS: 27-30 AUGUST 2019

This week’s appointments include: Eames Consulting Group, IDEX Consulting, Moorepay, NHS Professionals

People 27 August 2019

NEW TO THE MARKET: 19-23 AUGUST 2019

This week’s launches include: Robert Walters

New to Market 23 August 2019
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