Robert Walters looks to Asia for expansion
Friday 08 August 1997
He was speaking as the company reported doubled pre-tax profits of pounds 3.3m in the six months to 30 June. The shares, which were priced at 105p when the group came to the market last July, soared 39p to a new high of 295p.
Robert Walters, which specialises in permanent and contract jobs in the finance and information technology markets, said it was seeing buoyant growth in contract recruitment and IT jobs. It hopes to benefit from the surge in demand for computer-related expertise to work on "millennium problem" consultancy projects. Ben Anderson, director, said the plan was to increase IT positions from 6 per cent of net fee income to around 50 per cent.
Mr Anderson said the company was drafting in professionals from Australia, New Zealand, India and other markets to fill a growing demand for skilled IT and compliance professionals in UK banks and other financial institutions.
Mr Walters said yesterday that trading in July remained strong. He denied that the cyclical nature of the recruitment market would make the business vulnerable to a downturn: "Only 20 per cent of our business is in commerce/ permanent jobs which is the area that tends to be hit."
Yesterday the company announced plans to rebrand its business units. This will break the technology business, which was established a year ago, and the outsourcing division, which takes over the recruitment requirements of particular clients, into separate divisions.
- 1 Sofyen Belamouadden murder: The inside story of a crime that horrified Britain
- 2 How to turn off/stop 'seen by' on Facebook: Disable it to make your chats seem less passive aggressive
- 3 Company breaks open Apple Watch to discover what it says is 'planned obsolescence'
- 4 'We're not heroes, just tourists': Swedish police officers on holiday stop vicious assault on New York subway
- 5 Buckingham Palace guard who attacked passers-by in 'most most violent piece of CCTV footage' police officer had seen walks free
The sickening truth about food banks that the Tories don't want you to know
Migrant boat disaster: Ukip candidate mocks victims in sickening Twitter post
Nigel Farage wants the BBC to stop making programmes like Doctor Who, Strictly Come Dancing, and Top Gear
Global warming: Scientists say temperatures could rise by 6C by 2100 and call for action ahead of UN meeting in Paris
General Election 2015: Britain would become a 'communist dictatorship' under Ed Miliband and Nicola Sturgeon, claims wife of Michael Gove
Rupert Murdoch berated Sun journalists for not doing enough to attack Ed Miliband and stop him winning the general election
iJobs Money & Business
£50000 - £55000 per annum: Ashdown Group: Business Analyst - Financial Service...
£18000 - £23000 per annum + OTE £45K: SThree: At SThree, we like to be differe...
£20000 - £25000 per annum + competitive: SThree: Did you know? SThree is the o...
£22000 - £24000 per annum: Recruitment Genius: This is an opportunity to join ...