Robert Walters plc - (the "Company" or the "Group")

- Group net fee income up 16%.

- 69% of Group net fee income derived from outside of the UK.

- Growth rates strongest in the Group's Asia Pacific and Continental European regions.

- Asia Pacific, the Group's largest region, net fee income up 14%, further strengthening the Group's market leading position in the region.

- Japan, Indonesia, New Zealand, Taiwan and Thailand delivered record results.

- New office opened in the Philippines.

- South East Asia footprint is the strongest in the specialist recruitment space and now covers Singapore, Malaysia, Thailand, Vietnam, Indonesia and the Philippines.

- Good progress in Australia with the business delivering a marked improvement in net fee income growth.

- UK net fee income up 7%.

- Solid results against an uncertain backdrop with a particularly strong performance from Resource Solutions.

- Europe net fee income up 37%.

- Strong quarter with all markets across the region performing well.

- Six countries grew net fee income in excess of 20%.

- Group headcount of 2,902 (31 March 2016: 2,944).

- Strong balance sheet with net cash of £8.7m as at 30 June 2016 (30 June 2015: £14.8m).

Robert Walters, Chief Executive, commented:

"The Group performed well in the second quarter increasing net fee income by 16% year-on-year with our Asia Pacific and Continental Europe regions again delivering the strongest performances.

Looking ahead, despite the uncertainty in the UK market, the strength of our globally diversified business, our robust balance sheet and blend of permanent, contract and recruitment process outsourcing revenue streams, ensures we are well positioned to take advantage of growth opportunities where they arise."

The Group will publish its half-year results for the six months ended 30 June 2016 on 28 July 2016.

You can find further information on our investors website.
 

Robert Walters is a market-leading international specialist professional recruitment group with over 2,900 staff spanning 25 countries. We specialise in the placement of the highest calibre professionals across the disciplines of accountancy and finance, banking, engineering, HR, IT, legal, sales & marketing, secretarial & support and supply chain & procurement. Our client base ranges from the world's leading blue-chip corporates and financial services organisations through to SMEs and start-ups. The Group's outsourcing division, Resource Solutions is a market leader in recruitment process outsourcing and managed services.

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If you require any further information please contact us:

Robert Walters plc +44 20 7379 3333
Robert Walters, Chief Executive
Alan Bannatyne, Chief Financial Officer

Newgate Communications +44 20 7680 6550
Steffan Williams
Madeleine Palmstierna