(Reuters) - Robert Walters on Thursday forecast its full-year pretax profit to be in line with market expectations even as the British recruiter reported a drop in its quarterly net fees amid a tough hiring environment.
The company, which specialises in the legal, accountancy and technology sectors, said its net fees fell 10% to 91.4 million pounds ($116.71 million) in the quarter ended Dec. 31.
Analysts on average expect full-year profit before tax of 20.5 million pounds, according to a company-compiled consensus.
($1 = 0.7831 pounds)
(Reporting by Eva Mathews and Prerna Bedi in Bengaluru; Editing by Sherry Jacob-Phillips)
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Currently, Robert D. Walters holds the position of President & Chief Operating Officer for Rocket Cos., Inc. He is also President & Chief Operating Officer at Quicken Loans LLC. In the past Mr. Walters was President of Rock Holdings, Inc. and Principal at NBD Bank NA. He received an MBA from the University of Michigan and an undergraduate degree from Oakland University (Michigan).
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