Less Ads, More Data, More Tools Register for FREE

Pin to quick picksRotork Share News (ROR)

Share Price Information for Rotork (ROR)

Share Price is delayed by 15 minutes
Get Live Data
296.60    1.20 (0.41%)
Bid:
295.80
Ask:
297.00
Spread: 1.20 (0.406%)
Market Cap: £2.41b
ROR Live PriceLast checked at - London Stock Exchange

Intraday Rotork Share Chart

Rotork's first-quarter orders fall

Fri, 25th Apr 2014 06:49

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)

Related News

LONDON BROKER RATINGS: Deutsche ups RS to buy; Exane neutral on Segro
1 Jul 2026

LONDON BROKER RATINGS: Deutsche ups RS to buy; Exane neutral on Segro

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

Rotork backs full-year outlook as first-quarter meets expectations
1 May 2026

Rotork backs full-year outlook as first-quarter meets expectations

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

Rotork News

Morgan Stanley expects more capex cuts in Oil&Gas, downgrades Rotork
6 Apr 2016

Morgan Stanley expects more capex cuts in Oil&Gas, downgrades Rotork

(ShareCast News) - Cuts to capital expenditure budgets in the Oil&Gas space had only just begun and were beginning to filter through from the 'Upstrea...

YOUR MONEY-Even billionaires start with small first jobs
3 Mar 2016

YOUR MONEY-Even billionaires start with small first jobs

By Chris Taylor NEW YORK, March 3 (Reuters) - The vast majority of the world's nearly two thousand billionaires are entirely self-made, according ...

Wednesday broker round-up
2 Mar 2016

Wednesday broker round-up

(ShareCast News) - Just Eat: JP Morgan reiterates overweight with a target price of 393p and Investec reiterates buy with a target price of 479p. Capi...

FTSE 250 movers: Three senior underwriters jump ship at Lancashire Holdings
1 Mar 2016

FTSE 250 movers: Three senior underwriters jump ship at Lancashire Holdings

(ShareCast News) - Shares in Lancashire Holdings dropped to the bottom of the pile on Tuesday. After the close of trading in the previous session, the...