Robert Walters reports record-breaking quarter

The latest financial results for Q3 2017 have revealed that Robert Walters enjoyed a record breaking quarter, with net fee income of £90.7 million in the three months to September, up from £74.4million over the same period.

Page Group, by contrast, faced a challenging quarter, revealing a 7.6% fall in third quarter profits to £34.9 million in the UK. The recruiter credited the drop in fees to concerns among clients and candidates over Brexit leading to a fall in confidence and reluctance to move jobs.

Fellow recruiter Hays was able to secure a 1% increase in net fees over the same period, but this followed a 5% fall in Q2 of 2017 compared to the same time last year.

Robert Walters latest success comes on the back of a year of growth and expansion, with new offices having opened in Portugal, Canada and the Philippines, in addition to new divisions and regional offices being set up around the globe. 

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