Recruiter Robert Walters income drops 14%, warns of market stagnationJuly 31 (Reuters) - British recruiter Robert Walters RWA.L on Thursday reported a 14% decline in first-half income earned from fees and once again warned that it expects no material improvement in hiring markets in the near term.
The company, which said it anticipates further restructuring in the second half, reported net fee income of 140 million pounds ($185.9 million) for the quarter ended June 30, compared with 166.1 million pounds a year earlier.
(Reporting by Reporting by Nithyashree R B and Shashwat Awasthi in Bengaluru; Editing by Sonia Cheema)
((Shashwat.Awasthi@tr.com))
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