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View All NewsGlobal staffing firm Robert Walters reports strength in North American operations
July 26, 2018
Robert Walters plc, a UK-based firm that ranks on SIA’s list of largest global staffing providers, reported revenue rose 13% in constant currency. The company cited strength in its North American operations during the first half, particularly in New York and Toronto.
| (£ thousands) | H1 2018 | H1 2017 | % change | % change constant currency | H1 2018 (US$ thousands) |
| Revenue | £625,866 | £562,704 | 11.2% | 13% | $823,108 |
| Gross profit | £188,559 | £164,529 | 14.6% | 17% | $247,983 |
| Profit for the period | £15,051 | £11,131 | -1.9% | $19,794 |
All regions delivered increases in both net fee income and operating profit with 15 countries producing record results, according to the company.
Revenue by geography
| (£ thousands) | H1 2018 | H1 2017 | % change | % change constant currency | H1 2018 (US$ thousands) |
| Revenue | £625,866 | £562,704 | 11.2% | 13% | $823,108 |
| Gross profit | £188,559 | £164,529 | 14.6% | 17% | $247,983 |
| Profit for the period | £15,051 | £11,131 | -1.9% | $19,794 |
US operations are included in the firm’s “other international” category that also includes Brazil, Canada, South Africa and the Middle East.
Share price and market cap
Shares in Robert Walters closed down 1.84% to £748.00 in London. The company had a market cap of £565.08 million, according to Yahoo.