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

CORRECT: UK MIDDAY BRIEFING: Pearson Shares Higher On "Solid Start"
25 Apr 2014

CORRECT: UK MIDDAY BRIEFING: Pearson Shares Higher On "Solid Start"

(An item published at 1224 BST misstated the direction of the markets. The correct version follows) LONDON (Alliance News) - Pearson leads the FTSE 10...

UK MIDDAY BRIEFING: Pearson's "Solid Start" Drives Shares Higher
25 Apr 2014

UK MIDDAY BRIEFING: Pearson's "Solid Start" Drives Shares Higher

LONDON (Alliance News) - Pearson leads the FTSE 100 as we head into afternoon trading Friday after the company maintained its full-year adjusted earni...

Friday broker round-up UPDATE
25 Apr 2014

Friday broker round-up UPDATE

African Barrick Gold: Deutsche Bank lowers target price from 310p to 300p maintaining a buy recommendation. Anglo American: Deutsche Bank cuts target...

Rotork maintains outlook despite FX and falling order intake
25 Apr 2014

Rotork maintains outlook despite FX and falling order intake

Manufacturing group Rotork said that full-year forecasts remain unchanged despite currency headwinds and lower orders in the first quarter. The compa...

Rotork Says Currency Headwinds Hit First Quarter Orders
25 Apr 2014

Rotork Says Currency Headwinds Hit First Quarter Orders

LONDON (Alliance News) - Rotork PLC said Friday order intake fell in its first quarter as the firm faced currency headwinds and a strong 2013 comparat...

UK MORNING BRIEFING: William Hill Leads Weak FTSE 100
25 Apr 2014

UK MORNING BRIEFING: William Hill Leads Weak FTSE 100

LONDON (Alliance News) - UK shares have opened lower Friday on heightened concerns about the standoff in Ukraine.William Hill said it will close 109 g...