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


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


UK BROKER RATINGS SUMMARY: Kepler Likes UK Grocers Tesco, Sainsbury's


UK BROKER RATINGS SUMMARY: Barclays Raises Ashmore And Cuts Man Group


(Sharecast News) - Shares of high-flier Rotork were knocked lower by a double downgrade from one of Wall Street's largest brokers.


UK BROKER RATINGS SUMMARY: Kepler Cheuvreux Downgrades Aston Martin


UK BROKER RATINGS SUMMARY: Investec Prefers PageGroup Over Hays


(Sharecast News) - ASOS: HSBC upgrades to buy with a target price of 3,615p.


UK BROKER RATINGS SUMMARY: Aviva And Berkeley Group Suffer Downgrades


UK WINNERS & LOSERS SUMMARY: Blue Prism Up 32% On Sales "Acceleration"