Rotork PLC on Wednesday - Bath, England-based industrial flow control equipment company - Says it has traded in line with expectations in the four months to October 29, with improved order intake on an organic constant currency basis from the corresponding period a year prior. Adds that year-to-date order intake grew by almost 10% at OCC, as supply chain challenges improve. Looking ahead, it expects growth in full-year revenues on an OCC basis and forecasts improvement in its annual adjusted operating profit margin, which was 22.3% in 2022.
Current stock price: 309.20 pence, down 0.3% on Wednesday
12-month change: up 8.3%
By Sabrina Penty, Alliance News reporter
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Rotork (ROR)