A focus on consultant productivity and a booming domestic jobs market enabled Robert Walters (RWA) to boost net fee income (NFI) by 15 per cent measured in constant currencies in the second quarter of its financial year. Continued strong performance means that the specialist recruiter is now likely to trump consensus full-year profit forecasts.
European NFI came in 16 per cent to the good, with Spain, Ireland and the Netherlands the standout performers. The Asia Pacific region also provided cause for optimism. The key Australian business delivered a third consecutive quarter of growth, while Robert Walters' businesses in Japan and Hong Kong continued to make inroads. Meanwhile, NFI soared in newer markets such as Vietnam and Indonesia - a pointer to future growth.
