Rotork Regulatory News (ROR)

22 Apr 2005 12:27

Rotork PLC22 April 2005 Date: For immediate release, 22 April 2005 ROTORK plc AGM STATEMENT The buoyant levels of order input we saw in the final quarter of 2004 havecontinued into the first quarter of 2005. All three actuator businesses areahead on order intake compared with the same period in the prior year. Activitylevels for the main electric business have been particularly strong with mostmajor markets showing good levels of growth. The IQT and AWT ranges launched in2003 continue to demonstrate impressive progress and this has been supported bya good reception of the digital control systems and Skilmatic SI range launchedin the second half of last year. The order book has increased 15% since the year end, despite higher comparativeoutput levels, giving the Board confidence that the Group will meet itsexpectations for the current year notwithstanding an unhelpful currencyenvironment. We are expecting to release audited restated IFRS 2004 accounts before theinterim announcement. - ends - For further information please contact: Sally LewisFinancial Dynamics Tel: 020 7269 7224 This information is provided by RNS The company news service from the London Stock Exchange