Robert Walters (LON:RWA) Releases Quarterly Earnings Results

Robert Walters (LON:RWA) posted its quarterly earnings data on Wednesday. The company reported GBX (40.70) earnings per share for the quarter, Digital Look Earnings reports. Robert Walters had a negative net margin of 1.77% and a negative return on equity of 11.63%.

Here are the key takeaways from Robert Walters’ conference call:

• Reported net fee income fell 14% y/y in constant currency (−£47m), the group recorded an operating loss of £14.9m and a loss before tax of £19.6m, and the board will not propose a final dividend.
• Management delivered material cost savings — operating costs down £27m with average headcount reduced ~15% and a monthly cost run‑rate below £24m (continuing to trend lower), and is implementing local financing to improve balance‑sheet flexibility.
• Cash and guidance are mixed — negative free cash flow of £14.6m and net cash roughly halved versus 2024 (below the £50m policy target) but described as sufficient to run the business; planning assumes 2026 group net fees will be slightly below 2025.
• Early signs of market recovery were seen in the U.K., Spain and New Zealand, with H2 2025 returning to positive net fees growth and momentum continuing into early 2026.
• Strategic execution is progressing — talent advisory net fees nearly doubled, consultancy net fees rose 20% with consultant volumes +25%, recruitment productivity is improving, and outsourcing won a large global expansion that will treble annual contracted volumes.

Robert Walters Trading Down 5.0%

Shares of Robert Walters stock opened at GBX 97.80 on Wednesday. The company has a 50-day moving average of GBX 126.25 and a two-hundred day moving average of GBX 133.83. Robert Walters has a 12-month low of GBX 97 and a 12-month high of GBX 255. The company has a current ratio of 1.30, a quick ratio of 1.52 and a debt-to-equity ratio of 80.45. The stock has a market cap of £64.33 million, a PE ratio of -4.37, a price-to-earnings-growth ratio of 0.08 and a beta of 0.53.

Analysts Set New Price Targets

Separately, Deutsche Bank Aktiengesellschaft reduced their target price on shares of Robert Walters from GBX 250 to GBX 230 and set a “buy” rating for the company in a research note on Thursday, January 15th. One equities research analyst has rated the stock with a Buy rating, According to MarketBeat, Robert Walters has a consensus rating of “Buy” and a consensus target price of GBX 230.

Robert Walters Company Profile

Established in 1985, Robert Walters is a global talent solutions business operating in 31 countries across the globe. We support organisations to build high-performing teams, and help professionals to grow meaningful careers. Our client base ranges from the world’s leading blue-chip corporates through to SMEs and start-ups.

We deliver three core services:

• Specialist recruitment – encompassing permanent and temporary recruitment, executive search and interim management.
• Recruitment outsourcing – enabling organisations to transfer all, or part of, their recruitment needs to us either through recruitment process outsourcing (RPO) or contingent workforce solutions (CWS).
• Talent Advisory – supporting the growth of organisations through market intelligence, talent development, and future of work consultancy.

Our employees are passionate about powering people and organisations to fulfil their unique potential.