RWS Holdings (RWS)

Sector:

Support

Index:

FTSE AIM 50

189.00p
   
  • Change Today:
      4.00p
  • 52 Week High: 306.20
  • 52 Week Low: 183.90
  • Currency: UK Pounds
  • Shares Issued: 368.72m
  • Volume: 223,431
  • Market Cap: £696.88m
  • RiskGrade: 161

RWS shares slump on profit forecast at lower end of guidance

By Frank Prenesti

Date: Wednesday 23 Mar 2022

LONDON (ShareCast) - (Sharecast News) - Shares in language and intellectual-property support services provider RWS slumped on Wednesday after the company said it expected 2022 results to be at the lower end of expectations.
A company-compiled analysts' range of expectations is for revenue to be between £744.8m - £770.7m and adjusted pre-tax profit of £131.5m-£144.8m.

"We are seeing further weakness in IP Services' performance as a result of the recent update from the European Patent Office, which allows clients to delay the granting of patent applications in order to benefit from protection under the Unitary Patent, which is expected to come in to effect in the second half of 2022," the company said.

"We expect revenue growth from Language Services to be slightly moderated, maintaining the growth seen in FY 2021, as a direct result of reducing our expectations for translations into Russian."

RWS also said that it was supporting its employees in Ukraine, where is has 55 staff at an office in the capital Kyiv, which it has closed after the Russian invasion of the country.

It added that it expected to see reduced demand from non-Russian companies for translations into Russian, but was supporting non-Russian clients in-line with contractual commitments.

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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 189.00p
Change Today 4.00p
% Change 2.16 %
52 Week High 306.20
52 Week Low 183.90
Volume 223,431
Shares Issued 368.72m
Market Cap £696.88m
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
15:47 500 @ 189.00p
15:47 734 @ 189.40p
15:47 844 @ 189.40p
15:47 252 @ 189.50p
15:47 104 @ 189.50p

RWS Holdings Key Personnel

CFO Candida (Candy) Davies

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