Robert Walters (RWA) Q2 2026 TU earnings summary
Event summary combining transcript, slides, and related documents.
Q2 2026 TU earnings summary
14 Jul, 2026Executive summary
First half trading aligned with Board expectations, showing resilience amid geopolitical uncertainty.
Sequential improvement in net fees, with June net fees up 1% year-over-year.
Good trading momentum entering the second half, with focus on cost base and productivity.
Financial highlights
Q2 2026 Group net fees down 4% year-over-year; H1 2026 net fees down 3% year-over-year.
Q2 net fees: £69.4m (down 4% in constant currency); H1 net fees: £134.6m (down 3% in constant currency).
Net cash at 30 June 2026: £17.2m, in line with expectations.
Outlook and guidance
Management remains focused on delivering full-year performance targets.
Continued momentum expected in several markets, with ongoing cost optimization.
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