Robert Walters Q2 profit rises 5 pct

July 7 Mon Jul 7, 2014 2:14am EDT

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July 7 (Reuters) - White-collar recruiter Robert Walters Plc reported a 5 percent rise in second-quarter gross profit, as an improved business environment encouraged firms to bring more permanent employees on board.

The staffing company, which places workers in engineering, legal, marketing and banking jobs, said it expects full-year profit before tax to be at the upper end of market expectations.

Gross profit or net fee income - a relevant performance indicator for recruitment companies - rose to 53.9 million pounds ($91.72 million) in the three months ended June 30 from 51.1 million pounds a year earlier.

($1 = 0.5877 British pounds) (Reporting by Abhiram Nandakumar in Bangalore; Editing by Sunil Nair)

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