IN BRIEF: Robert Walters narrows interim loss as fee income fall slows
Robert Walters PLC - London-based recruitment firm - Pretax loss narrows to £6.8 million in the six months that ended June 30 from £10.2 million a year before, despite net fee income edging down 3.9% to £134.6 million from £140.0 million. The revenue decline is 3% at constant currency, and Robert Walters notes that represents "a clear sequential improvement from the 2025 trend", when net fees fell 14%.
However, Robert Walters says it still expects net fees in 2026 to be slightly below 2025. The company now expects full-year results to be at the upper end of market expectations. It cites the consensus range as an operating loss of between £8.1 million and £14.2 million in 2026, narrowed from £14.9 million in 2025. Operating loss in the first half is £4.5 million, narrowed from £7.8 million a year before.
Amid the losses, Robert Walters declares no interim dividend, unchanged from a year before.
Current stock price: 115.20 pence, down 3.2% in London on Friday
12-month change: down 20%
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