Recruitment firm Robert Walters has notched up another record quarterly performance, helped by the UK’s resilient jobs market.
The firm posted a 22% rise in gross profit in constant currencies for the final three months of 2017, helping it secure a 20% rise overall for the year.
UK net fee income leaped 13% higher to £26.2m as the firm continues to bounce back following a collapse in financial services recruitment after last year’s EU referendum.
Robert Walters, which makes 70% of its gross profit outside the UK, said trading was “comfortably” in line with recent upgraded profit forecasts.
The group has upped its earnings outlook three times since last July, most recently in December, which has pushed its shares to record highs.
Its shares slipped 2% after its latest trading update, having risen strongly in recent weeks. The share improved just over 1% in late-morning trading at 651.76.
Chief executive Robert Walters said: “Growth was once again broad based across permanent, contract, interim and recruitment process outsourcing across the group’s geographic regions.”