April 25 (Reuters) - Valve-control systems maker Rotork Plc reported a 7.3 percent fall in first-quarter orderscompared with a year earlier, when its order book was strong.
However, the company - which makes valve controls andactuators for oil and gas, water, power and nuclear plants -said it expected revenue to be weighted to the second half ofthe year, when it sees a lower impact from currencyfluctuations.
"Currency will continue to be a headwind, although weanticipate that the impact will slightly reduce as the yearprogresses and comparisons become easier", the company said in astatement.
Orders at the company's controls business - which makeselectric valve actuators - fell 4.9 percent in the quarter endedMarch 30. However, on a constant currency basis, orders were up3.1 percent.
The FTSE-250 component's shares closed at 2710 pence onThursday on the London Stock Exchange. ($1 = 0.5953 British Pounds) (Reporting by Tasim Zahid in Bangalore; Editing by GopakumarWarrier)


(Alliance News) - Rotork PLC on Friday, ahead of its annual general meeting, reported first-quarter trading in line with management's expectations, as...


(Alliance News) - Stock prices in London opened lower on Friday, as investors digested some corporate updates while several major European markets rem...


Rotork PLC - Bath, England-based provider of flow control solutions - Launches the fifth tranche of its GBP50 million buyback programme, following com...


(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:


(Alliance News) - Halma makes a USD90 million acquisition to expand its healthcare offering, while BP enters Namibia with a stake in offshore explorat...


(Alliance News) - The following London-listed shares received analyst recommendations Monday morning and on Friday:


(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and on Monday:


(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and on Tuesday:


* Trump hints at Middle East conflict resolution soon


(Alliance News) - Stock prices in London closed in the green on Tuesday, as markets bounced back after Monday's falls while a fall in the oil price co...