Financial Highlights:
Gross profit (ìnet fee incomeî) up 33% to 41.0m (2004: 30.8m)
Operating profit up 65% to 5.1m (2004: 3.1m)
Profit before taxation up 63% to 4.9m (2004: 3.0m)
Earnings per share up 90% to 3.8p (2004: 2.0p)
Interim dividend maintained at 1.05p per ordinary share
Share buy-back programme
Robert Walters, Chief Executive, comments:
ìThis was an excellent first half, reflecting significant revenue increases across all our territories. We handled growing levels of recruitment of both permanent and temporary staff and have increased our own staff numbers, as well as opening new and larger offices in a number of locations.
ìAfter the excellent performance in the first half of 2005, the second half has started well and we look forward to a strong outcome for the year as a whole. Our continued investment in our global operations confirms us as a major international operator within the recruitment sector which, coupled with a worldwide shortage of professionals, leaves the Group well placed to continue to grow its profitability.î
Robert Walters plc Interim Results for six months ended 30 June 2005
Robert Walters, the global recruitment specialist, announces strong growth in net fee income across all territories
