ANALYST VIEWS: WHAT DO YOU THINK OF ROBERT WALTERS’ RESULTS?
KEAN MARDEN | ROYAL BANK OF SCOTLAND
At the divisional level, Asia Pacific was softer than expected – according to the company this was driven by financial services hiring rather than a general loss of momentum around the Australian general election – and the UK’s stronger performance.
CAROLINE DE LA SOUJEOLE | SEYMOUR PIERCE
Robert Walters delivered a stellar set of results although we suspect this is against very easy comparatives. All regions saw double-digit growth in the quarter with Asia Pacific showing the strongest increase while the UK was up 49 per cent. However, such a high growth in the UK may not be sustainable.
IAN JERMIN | MERCHANT SECURITIES
Robert Walters is our only ‘buy’ among the larger players in the sector and we continue to retain the recommendation. Today the group announced exceptionally good third quarter trading ?– even the UK reported strong growth.