Robert Walters Posts First Fee Growth

British recruiter Robert Walters returned to net fee growth in the third quarter after thirteen quarters of decline, driven by strong permanent hiring in the UK. The firm reported a one percent rise in net fees at constant currency and expects full year results to meet expectations.

Insights:

Robert Walters returned to net fee growth in the third quarter after more than three years of decline, driven by strength in the United Kingdom. Net fees rose 1% at constant currency for the period ended September. Cost cuts and UK performance offset weakness across several European markets.

UK Strength Drives Turnaround

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