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Robert Walters Q3 net income fee up 6%

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Date: Thursday 09 Oct 2008

LONDON (ShareCast) - Recruitment firm Robert Walters said it had performed satisfactorily in the third quarter, with net fee income up 6% from the same time last year.

"This performance was achieved against a background of ongoing difficult conditions in the UK and a weakening of demand from financial sector clients in certain Asia Pacific markets," the group said in a company statement.

Robert Walters, which cut jobs in the UK in the first half, said it has continued to reduce headcount where appropriate.

"As reflected in these results, the group's increased international spread of business and diversification of recruitment disciplines into new areas continues to provide a degree of protection in the current challenging economic climate," the company added.

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