RWS Holdings (RWS)

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FTSE AIM 50

187.60p
   
  • Change Today:
      2.60p
  • 52 Week High: 306.20
  • 52 Week Low: 183.90
  • Currency: UK Pounds
  • Shares Issued: 368.72m
  • Volume: 380,138
  • Market Cap: £691.71m
  • RiskGrade: 161

RWS Holdings ends year with profit ahead of forecasts

By Josh White

Date: Tuesday 26 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Language, content management and intellectual property technology company RWS Holdings said on Tuesday that adjusted profit before tax for its financial year was expected to be ahead of market consensus, with revenue within the range of market expectations.
The AIM-traded firm said that performance for the 12 months ended 30 September reflected a stronger-than-expected margin, driven by both an improved margin mix and the early stages of operational efficiencies from the integration of SDL into the group.

It said it remained highly cash-generative, resulting in a movement from net debt excluding lease liabilities of £15.1m at the end of the 2020 financial year, to net cash of about £45m as at 30 September if this year, after acquisition costs and the costs of delivering synergies following the acquisition of SDL.

Net debt, including lease liabilities, was expected to be around £3m.

"The group has delivered strong results, with a robust revenue performance combined with a stronger than anticipated margin, following the acquisition of SDL," said chief executive officer Ian El-Mokadem.

"Following a good few months in the business, it is clear to me that I have joined RWS in a strong position, with an excellent team in place to drive the business forward and build on its leadership of its growing, fragmented markets, alongside a healthy cash position to support the group's strategy.

"We look forward to providing an update, in a capital markets day in the first quarter of next year, on our plans to continue to build upon the group's strong position and track record."

RWS said it would provide a further update with its full year results on 14 December.

At 0926 BST, shares in RWS Holdings were up 4.03% at 632.5p.

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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 187.60p
Change Today 2.60p
% Change 1.41 %
52 Week High 306.20
52 Week Low 183.90
Volume 380,138
Shares Issued 368.72m
Market Cap £691.71m
RiskGrade 161

RWS Holdings Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.55% above the market average96.55% above the market average96.55% above the market average96.55% above the market average96.55% above the market average
91.11% above the sector average91.11% above the sector average91.11% above the sector average91.11% above the sector average91.11% above the sector average
Price Trend
65.26% below the market average65.26% below the market average65.26% below the market average65.26% below the market average65.26% below the market average
78.22% below the sector average78.22% below the sector average78.22% below the sector average78.22% below the sector average78.22% below the sector average
Income
92.68% above the market average92.68% above the market average92.68% above the market average92.68% above the market average92.68% above the market average
90.77% above the sector average90.77% above the sector average90.77% above the sector average90.77% above the sector average90.77% above the sector average
Growth
45.25% below the market average45.25% below the market average45.25% below the market average45.25% below the market average45.25% below the market average
48% below the sector average48% below the sector average48% below the sector average48% below the sector average48% below the sector average

What The Brokers Say

Strong Buy 2
Buy 2
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_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
  Final Interim
Ex-Div 25-Jan-24 22-Jun-23
Paid 23-Feb-24 21-Jul-23
Amount 9.80p 2.40p

Trades for 28-Mar-2024

Time Volume / Share Price
16:35 134,054 @ 187.60p
16:35 146 @ 187.60p
16:35 342 @ 187.60p
16:35 342 @ 187.60p
16:35 832 @ 187.60p

RWS Holdings Key Personnel

CFO Candida (Candy) Davies

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