Robert Walters (LON:RWA) Announces Earnings Results

Robert Walters (LON:RWA) released its earnings results on Thursday. The company reported GBX (13.80) EPS for the quarter, Digital Look Earnings reports. Robert Walters had a negative net margin of 3.43% and a negative return on equity of 24.67%.

Here are the key takeaways from Robert Walters’ conference call:

• First-half performance was in line with expectations, with net fees of £135 million, down 3% year over year in constant currency, and a loss before tax of £6.8 million.
• Management expects the full-year financial result to be toward the upper end of current market expectations, while forecasting 2026 group net fees to remain slightly below 2025 and net cash to be broadly stable.
• Cost reduction continued, with the annualized cost base reduced by £83 million since 2023; further savings are expected to bring the underlying monthly cost base to approximately £22 million exiting 2026.
• Specialist recruitment showed improving execution, with roughly half of the portfolio in growth, U.K. permanent placement volumes up 18%, and Japan’s permanent placement productivity rising 12% year over year.
• The board will not declare an interim dividend as the group continues to prioritize balance-sheet strength and cash optimization; management also noted that Japan remains increasingly competitive and Northern European markets remain difficult.

Robert Walters Trading Down 3.2%

RWA opened at GBX 115.20 on Friday. Robert Walters has a 1-year low of GBX 76 and a 1-year high of GBX 162.50. The company has a current ratio of 1.28, a quick ratio of 1.52 and a debt-to-equity ratio of 89.82. The company has a market cap of £75.78 million, a P/E ratio of -2.83, a price-to-earnings-growth ratio of 0.08 and a beta of 0.80. The company has a fifty day moving average price of GBX 92.74 and a two-hundred day moving average price of GBX 100.93.

Insider Activity

In other news, insider Andrew Rashbass bought 21,739 shares of Robert Walters stock in a transaction dated Tuesday, May 12th. The stock was bought at an average cost of GBX 92 per share, for a total transaction of £19,999.88. 3.90% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Separately, Deutsche Bank Aktiengesellschaft reissued a “hold” rating and issued a GBX 100 target price on shares of Robert Walters in a report on Thursday, April 16th. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, Robert Walters has a consensus rating of “Hold” and an average price target of GBX 100.

About Robert Walters

Established in 1985, Robert Walters is a global talent solutions business operating in 31 countries across the globe. We support organisations to build high-performing teams, and help professionals to grow meaningful careers. Our client base ranges from the world’s leading blue-chip corporates through to SMEs and start-ups.

We deliver three core services:

• Specialist recruitment – encompassing permanent and temporary recruitment, executive search and interim management.
• Recruitment outsourcing – enabling organisations to transfer all, or part of, their recruitment needs to us either through recruitment process outsourcing (RPO) or contingent workforce solutions (CWS).
• Talent Advisory – supporting the growth of organisations through market intelligence, talent development, and future of work consultancy.

Our employees are passionate about powering people and organisations to fulfil their unique potential.