RWS Holdings (RWS)

Sector:

Support

Index:

FTSE AIM 50

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603.00p
   
  • Change Today:
      4.00p
  • 52 Week High: 652.00
  • 52 Week Low: 415.50
  • Currency: UK Pounds
  • Shares Issued: 273.54m
  • Volume: 98,125
  • Market Cap: £1,649.47m
  • RiskGrade: 115
  • Beta: 0.02

RWS revenues hit record levels

By Iain Gilbert

Date: Thursday 18 Apr 2019

LONDON (ShareCast) - (Sharecast News) - Language support service company RWS performed strongly during the first half of its trading year, with record revenues and improved profits.
RWS saw revenues hit £172.3m in the six months ended 31 March, an increase of 23% year-on-year, driven by a strong performance in its European intellectual property filing unit and an increased demand for its localisation services.

Adjusted pre-tax profit was forecast to be at least £35.5m, a 24% increase over the prior year, boosted by margin improvements at RWS Moravia as a result of growth in demand for higher value localisation services from several of its top technology clients, favourable exchange rates and overhead cost reduction resulting from last year's restructuring.

Net debt was cut 22.8% to £63.9m.

Chairman Andrew Brode said: "We have had an excellent first half with double-digit underlying revenue growth from our two largest divisions. We remain focused on organic growth and the excellent cross-selling opportunities that are on offer through our enhanced service offering while continuing to review selective potential acquisitions.

"Following a strong first half, we are confident of achieving another record year."

As of 1000 BST, RWS shares were up 4.24% to 564p.

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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 603.00p
Change Today 4.00p
% Change 0.67 %
52 Week High 652.00
52 Week Low 415.50
Volume 98,125
Shares Issued 273.54m
Market Cap £1,649.47m
Beta 0.02
RiskGrade 115

RWS Holdings Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.17% below the market average95.17% below the market average95.17% below the market average95.17% below the market average95.17% below the market average
90.32% below the sector average90.32% below the sector average90.32% below the sector average90.32% below the sector average90.32% below the sector average
Price Trend
91.14% above the market average91.14% above the market average91.14% above the market average91.14% above the market average91.14% above the market average
92.25% above the sector average92.25% above the sector average92.25% above the sector average92.25% above the sector average92.25% above the sector average
Income
92.21% below the market average92.21% below the market average92.21% below the market average92.21% below the market average92.21% below the market average
97.75% below the sector average97.75% below the sector average97.75% below the sector average97.75% below the sector average97.75% below the sector average
Growth
86.62% above the market average86.62% above the market average86.62% above the market average86.62% above the market average86.62% above the market average
94.96% above the sector average94.96% above the sector average94.96% above the sector average94.96% above the sector average94.96% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 2
Sell 0
Strong Sell 0
Total 4
buy
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-Aug-2019

Time Volume / Share Price
16:35 12 @ 603.00p
16:35 18,177 @ 603.00p
16:29 15 @ 601.00p
16:29 181 @ 601.00p
16:29 311 @ 601.00p

RWS Holdings Key Personnel

CEO Richard Thompson
CFO Desmond Glass

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