UK's Robert Walters rises after forecasting loss near better end of expectations
BUZZ-UK's Robert Walters rises after forecasting loss near better end of expectations ** Shares of British recruiter Robert Walters RWA.L up 2.90% at 124 pence, the highest since February 10
** Expects its full-year result to be towards the better end of market expectations, with analysts forecasting a 2026 operating loss of between £14.2 mln and £8.1 mln ($18.94 mln-$10.80 mln), according to a company-compiled poll
** Co posts pretax loss of £6.8 mln ($9.07 mln) for the six months ended June 30, compared with a loss of £10.2 mln a year earlier
** Remains on track to deliver an additional £7 mln in savings in 2026, reaching its previously announced £12 mln savings target
** RWA down ~11.40% YTD, as of last close
($1 = 0.7494 pounds)
(Reporting by Megha Kumari in Bengaluru)
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