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SMALL-CAP WINNERS & LOSERS: Robert Walters surges after record quarter

7th Apr 2022 10:44

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Thursday.

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SMALL-CAP - WINNERS

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Robert Walters PLC, up 8.7% at 737.00 pence, 12-month range 499.00p-892.00p. The recruiter says first quarter ended strongly with a record March performance. Company reports net fee income of GBP98.4 million for the first quarter ended March 31, up 27% on GBP77.3 million a year before. The Asia Pacific, Europe and Other International regions all saw yearly growth in excess of 30%, while the UK saw just a 4% increase. "Activity levels across Resource Solutions clients in the UK were strong but the time taken to onboard new staff has lengthened," the firm notes.

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De La Rue PLC, up 3.5% at 108.00p, 12-month range 98.27p-210.15p. The banknote printer says it expects full-year adjusted operating profit to be in line with market expectations with net debt "slightly better" than forecasts of GBP75 million.

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SMALL-CAP - LOSERS

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DFS Furniture PLC, down 7.5% at 189.07p, 12-month range 171.37p-318.50p. The stock is trading ex-dividend, meaning new buyers no longer qualify for the latest payout.

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By Arvind Bhunjun; [email protected]

Copyright 2022 Alliance News Limited. All Rights Reserved.


Related Shares:

Robert WaltersDe La RueDfs Furn
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