26
September 2024
ROBERT WALTERS
PLC
Capital
Markets Event
Unlocking potential through
disciplined entrepreneurialism
Robert Walters plc ("the Company" or
"the Group"), the global talent solutions business, is today
hosting a capital markets event for investors and analysts at its
central London office, commencing at 2pm UK time.
During the event, management will
set out the key components of 'disciplined entrepreneurialism' -
the refreshed strategic approach to running the Group over the
medium-term, the implementation of which commenced earlier this
year. Disciplined entrepreneurialism will unlock even more of the
Group's potential, so that the business operates with greater
efficiency and at higher rates of profitability than previously
seen.
The event will be hosted by Toby
Fowlston, CEO, and David Bower, CFO, together with a number of the
senior management team from across the business. In particular, the
event will give further detail on the Group's key medium-term
actions and plans:
· In
specialist recruitment, the
Group's geographic portfolio will be managed more robustly to drive
better decisions on where and how to invest
· In
recruitment outsourcing,
the Group's operating model is being optimised to strengthen the
platform from which profitable growth can be targeted
· Across
the business, the areas showing the greatest potential to drive the
most compelling returns over the medium-term have been identified,
and investment into these areas has commenced
· With
regard to financial returns, a programme of actions is underway
encompassing fee earner productivity, an optimised front and
back-office model and better procurement.
The above underpins the Group's aim
to achieve two new medium-term targets which it is issuing
today:
1. A
through-cycle conversion rate in the range of 16-19%
2. An uplift
on pre-pandemic1 free cash flow per share in excess of
30%
No further material or price
sensitive information will be disclosed at the event.
The event will also be live webcast
and can be accessed at the following link:
https://brrmedia.news/RWA_CMD_24
A recording of the event will be
made available on the Company's website in due course.
1Average free cash flow per share in the period 2017-2019 was
41p
- Ends -
Enquiries
About Robert Walters
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 professional
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 approximately 3,600 employees
are passionate about powering people and organisations to fulfil
their unique potential. We take the time to listen to, and fully
connect with, the people and organisations we partner with. Our
ability to truly understand them and create and share their
compelling stories is what sets us apart.
www.robertwalters.com
Forward looking statements
This announcement contains certain
forward-looking statements. These statements are made by the
directors in good faith based on the information available to them
at the time of their approval of this announcement and such
statements should be treated with caution due to the inherent
uncertainties, including both economic and business risk factors,
underlying any such forward-looking information.