Robert Walters PLC - COVID-19, Dividend and AGM update
(the "Company", or the "Group")
COVID-19, DIVIDEND AND AGM UPDATE
Robert Walters, the leading international recruitment group, today issues an update in light of the evolving COVID-19 pandemic.
Balance sheet strength and mitigating actions
The Board has also taken the decision to withdraw its intention to propose a final dividend for FY19. The Board believes this is a prudent move, given the current unprecedented period of global lockdown and uncertainty, which will serve to further strengthen the Group's balance sheet and improve liquidity. The Board will reassess the dividend once the economic impact of Covid-19 has become clearer.
Trading update and AGM
The Company will update the market on its Q1 performance as planned on 8th
In light of
Robert Walters, Chief Executive
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Forward looking statements
This announcement contains certain forward-looking statements. These statements are made by the directors in good faith based on the information available to them at the time of their approval of this announcement and such statements should be treated with caution due to the inherent uncertainties, including both economic and business risk factors, underlying any such forward-looking information.
This information is provided by RNS, the news service of the
Quick facts: Robert Walters
Market Cap: £317.96 m
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