Business
RESILIENPERFORMANCE DESPITE GLOBAL TURBULENCE
RESILIENPERFORMANCE DESPITE GLOBAL TURBULENCE.
About this update from Robert Walters Plc
[{"type":"text","content":"\n \n \n RNS Number : 7739E\n Robert Walters PLC\n 03 March 2020\n \n \n \n \n \n \n \n 3 March 2020\n \n \n \n \n \n ROBERT WALTERS PLC\n \n \n (the \"Company\", or the \"Group\")\n \n \n \n \n \n Results for the year ended 31 December 2019\n \n \n \n \n \n RESILIENT PERFORMANCE DESPITE GLOBAL TURBULENCE. \n \n \n OUTLOOK REMAINS UNCERTAIN.\n \n \n \n \n \n Robert Walters plc (LSE: RWA), the leading international recruitment group, today announces \n its results for the year ended 31 December 2019.\n \n \n \n \n \n Financial and Operational Highlights\n \n \n \n \n \n \n \n \n \n \n \n \n 2019\n \n \n \n \n 2018\n \n \n \n \n % change\n \n \n \n \n % change (constant currency*) \n \n \n \n \n \n \n Revenue\n \n \n \n \n £1.22bn\n \n \n \n \n £1.23bn\n \n \n \n \n (1%)\n \n \n \n \n (2%)\n \n \n \n \n \n \n Gross profit (net fee income)\n \n \n \n \n £405.5m\n \n \n \n \n £392.0m\n \n \n \n \n 3%\n \n \n \n \n 2%\n \n \n \n \n \n \n Operating profit\n \n \n \n \n £51.2m\n \n \n \n \n £49.7m\n \n \n \n \n 3%\n \n \n \n \n 1%\n \n \n \n \n \n \n Profit before taxation\n \n \n \n \n £47.4m\n \n \n \n \n £49.1m\n \n \n \n \n (3%)\n \n \n \n \n (6%)\n \n \n \n \n \n \n Basic earnings per share\n \n \n \n \n 48.4p\n \n \n \n \n 50.4p\n \n \n \n \n (4%)\n \n \n \n \n n/a\n \n \n \n \n \n \n Adjusted operating profit\n \n \n \n \n £50.5m**\n \n \n \n \n £49.7m\n \n \n \n \n 2%\n \n \n \n \n 0%\n \n \n \n \n \n \n Adjusted profit before taxation\n \n \n \n \n £49.5m**\n \n \n \n \n £49.1m\n \n \n \n \n 1%\n \n \n \n \n (2%)\n \n \n \n \n \n \n Adjusted basic earnings per share\n \n \n \n \n 50.6p**\n \n \n \n \n 50.4p\n \n \n \n \n 0%\n \n \n \n \n n/a\n \n \n \n \n \n \n Final dividend per share\n \n \n \n \n 11.0p\n \n \n \n \n 10.7p\n \n \n \n \n 3%\n \n \n \n \n n/a\n \n \n \n \n \n \n * Constant currency is calculated by applying prior year exchange rates to local currency results for the current and prior years.\n \n \n ** Adjusted figures exclude the impact of IFRS 16 Lease adjustments which only impact 2019, with the specific adjustments disclosed in note 13. \n \n \n \n \n \n § \n Resilient performance with Group net fee income up 3% (2%*) to a record £405.5m (£401.5m*) (2018: £392.0m) and profit before taxation up 1%** (down 2%*) to £49.5m** (2018: £49.1m).\n \n \n § \...