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

Sector movers: Industrial engineers Weir, IMI and Fenner continue to slide
17 Nov 2014

Sector movers: Industrial engineers Weir, IMI and Fenner continue to slide

The industrial engineering sector extended Friday's decline with Weir Group, IMI and Fenner all registering heavy losses. Weir Group dropped after Exa...

BUZZ-Weir Group: 2.5 yr low on Exane double downgrade
17 Nov 2014

BUZZ-Weir Group: 2.5 yr low on Exane double downgrade

** Weir Group down 4.5 pct to lows not seen since Feb 2012 ** Exane downgrades to "Underperform" from "Outperform", says current oil price could trigg...

London close: Stocks end marginally higher after Eurozone data
14 Nov 2014

London close: Stocks end marginally higher after Eurozone data

UK stocks ended the final session of the week with modest gains, but struggled against weakness among the mining and energy sectors. The FTSE ended th...

FTSE 250 movers: Premier Farnell drops after warning on operating margin
14 Nov 2014

FTSE 250 movers: Premier Farnell drops after warning on operating margin

Shares in technology products distributor Premier Farnell took a hit after the group warned that its full-year operating margin would be "slightly" be...

Rotork shares fall as Russian sanctions affect orders
14 Nov 2014

Rotork shares fall as Russian sanctions affect orders

Rotork's shares slumped on Friday after the actuator manufacturing and flow-control company said revenues slipped in the third quarter due to the timi...

Sector movers: Rotork and Castings drag engineers lower, IMI subdued
14 Nov 2014

Sector movers: Rotork and Castings drag engineers lower, IMI subdued

Industrial engineering stocks were out of favour on Friday after Rotork and Castings disappointed with results and the market gave a muted reaction to...