RWS Holdings (RWS)

Sector:

Support

Index:

FTSE AIM 50

576.00p
   
  • Change Today:
      6.00p
  • 52 Week High: 652.00p
  • 52 Week Low: 415.50p
  • Currency: UK Pounds
  • Shares Issued: 273.70m
  • Volume: 183,590
  • Market Cap: £1,576.49m
  • RiskGrade: 124

RWS snaps up Alpha Translations in $6m deal

By Josh White

Date: Thursday 17 Jan 2019

LONDON (ShareCast) - (Sharecast News) - Intellectual property support services provider RWS Holdings announced the acquisition of legal and financial translations company Alpha Translations Canada for a cash consideration of $6.0m on Thursday.
The AIM-traded firm said that Alpha Translations, based in Alberta, provided "rapid delivery" of high-quality legal and financial translations to multinational law firms and corporations, with a client base primarily located in Germany.

It supported clients by helping them to achieve their international business goals, with an ability to deliver across multiple jurisdictions, typically to short deadlines, on business-critical matters.

Clients reportedly included a number of the world's top 100 law firms and Fortune 500 companies.

The acquisition would be "highly complementary" to RWS' existing Language Solutions business, the board said, and would strengthen its specialist legal and financial translation offering.

In particular, the acquisition would enhance the presence of RWS Language Solutions in its key growth areas of North America and Germany, significantly enhancing its legal client base.

Alpha Translations achieved revenues of $4.4m for the year ended 31 July, and an adjusted EBITDA of $0.9m.

"The acquisition of Alpha Translations is a natural fit to strengthen our existing specialist legal and financial translation services, while providing a strong roster of clients in Germany, a key area of focus for our Language Solutions business," said RWS chairman Andrew Brode.

"We see a number of opportunities for Alpha Translations to benefit from RWS' scale and global presence, particularly the prospect of developing sales opportunities across the group's full suite of services and technology platforms to new and existing clients."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

RWS Holdings Market Data

Currency UK Pounds
Share Price 576.00p
Change Today 6.00p
% Change 1.05 %
52 Week High 652.00p
52 Week Low 415.50p
Volume 183,590
Shares Issued 273.70m
Market Cap £1,576.49m
RiskGrade 124

RWS Holdings Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.11% below the market average94.11% below the market average94.11% below the market average94.11% below the market average94.11% below the market average
88.43% below the sector average88.43% below the sector average88.43% below the sector average88.43% below the sector average88.43% below the sector average
Price Trend
86.20% above the market average86.20% above the market average86.20% above the market average86.20% above the market average86.20% above the market average
87.40% above the sector average87.40% above the sector average87.40% above the sector average87.40% above the sector average87.40% above the sector average
Income
90.02% below the market average90.02% below the market average90.02% below the market average90.02% below the market average90.02% below the market average
97.73% below the sector average97.73% below the sector average97.73% below the sector average97.73% below the sector average97.73% below the sector average
Growth
86.33% above the market average86.33% above the market average86.33% above the market average86.33% above the market average86.33% above the market average
96.61% above the sector average96.61% above the sector average96.61% above the sector average96.61% above the sector average96.61% above the sector average

What The Brokers Say

Strong Buy 0
Buy 0
Neutral 1
Sell 0
Strong Sell 0
Total 1
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

RWS Holdings Dividends

  Latest Previous
  Interim Final
Ex-Div 27-Jun-19 24-Jan-19
Paid 19-Jul-19 22-Feb-19
Amount 1.75p 6.00p

Trades for 23-Sep-2019

Time Volume / Share Price
16:52 5,000 @ 574.77p
16:52 5,000 @ 574.77p
16:52 5,000 @ 572.38p
16:52 5,000 @ 572.38p
16:35 42,684 @ 576.00p

RWS Holdings Key Personnel

CEO Richard Thompson
CFO Desmond Glass

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