Robert Walters (GB:RWA) has released an update.
Robert Walters PLC reports a decline in both revenue and operating profit in the first half of 2024, with net fee income down 14% amidst a challenging hiring market. Despite reduced trading volumes and the impact of foreign exchange, particularly from the Japanese Yen, the company has maintained its interim dividend and is taking actions to strengthen future performance. The firm’s balance sheet remains solid with net cash of £48.8m and a focus on strategic initiatives to enhance service quality, market penetration, and productivity.
For further insights into GB:RWA stock, check out TipRanks’ Stock Analysis page.
