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Rotork PLC (ROR.L)

ROR.L on London Stock Exchange

303.20GBp
26 Apr 2019
Change (% chg)

-6.30 (-2.04%)
Prev Close
309.50
Open
307.70
Day's High
307.70
Day's Low
302.70
Volume
93,695
Avg. Vol
1,526,365
52-wk High
363.20
52-wk Low
232.60

Latest Key Developments (Source: Significant Developments)

Rotork PLC's FY margins to show progress on 2018
2:01am EDT 

April 26 (Reuters) - Rotork PLC ::ROTORK PLC - TRADING UPDATE.ROTORK PLC - CONTINUE TO EXPECT TO DELIVER MODEST SALES GROWTH ON AN OCC BASIS IN 2019.ROTORK PLC - Q1 SAW A GRADUAL IMPROVEMENT IN OVERALL LEVELS OF ACTIVITY FROM Q4.ROTORK - QTRLY ORDER INTAKE ON ORGANIC CONSTANT CURRENCY BASIS MODESTLY AHEAD OF Q4, THOUGH AS ANTICIPATED WAS DOWN ON 2018 COMPARATOR PERIOD.ROTORK PLC - NET CASH OF £46.5M AT 31 MARCH 2019 (£43.6M AT 31 DECEMBER 2018).ROTORK - REMAIN MINDFUL OF MACROECONOMIC UNCERTAINTY CONTINUE TO EXPECT TO MODEST SALES GROWTH ON OCC BASIS IN 2019, LOWER Y-O-Y SALES IN FIRST HALF.ROTORK PLC - FULL YEAR MARGINS TO SHOW PROGRESS ON 2018.  Full Article

Rotork Says FY Adjusted Profit Before Tax £143.8 Mln
Monday, 4 Mar 2019 02:00am EST 

March 4 (Reuters) - Rotork PLC ::2018 FULL YEAR RESULTS.FY REVENUE £695.7M VERSUS £642.2M.FY ADJUSTED PROFIT BEFORE TAX £143.8M VERSUS £124.8M.FULL YEAR DIVIDEND 5.90P VERSUS 5.40P.EXPECT FULL YEAR MARGINS TO SHOW PROGRESS ON 2018.FOLLOWING DOUBLE-DIGIT OCC REVENUE GROWTH IN 2018, AND MINDFUL OF MACROECONOMIC UNCERTAINTY, ARE PLANNING FOR SLOWER GROWTH IN 2019.EXPECT TO DELIVER MODEST SALES GROWTH ON AN OCC BASIS IN 2019, WITH LOWER YEAR ON YEAR SALES IN H1 REFLECTING STRONG COMPARATOR PERIOD.  Full Article

Rotork Says 2018 Revenue Forecasts Reflect Improving Order Momentum
Tuesday, 6 Mar 2018 02:00am EST 

March 6 (Reuters) - Rotork Plc ::FINAL DIVIDEND UP 6.3 PERCENT TO 3.35 PENCEPER SHARE.FY REVENUE ROSE 8.8 PERCENT TO 642.2 MILLION STG.FY ADJUSTED PROFIT BEFORE TAX 124.8 MILLION POUNDS VERSUS 117.9 MILLION POUNDS.‍FY ROTORK CONTROLS ORDER INTAKE WAS £333.0M, A 12.8% INCREASE COMPARED WITH PRIOR YEAR​.‍REVENUE FORECASTS FOR 2018 CURRENTLY REFLECT IMPROVING ORDER MOMENTUM, POINTING TO MID TO HIGH SINGLE DIGIT ORGANIC REVENUE GROWTH YEAR ON YEAR.​.IN 2018 ‍CAN EXPECT A 4-5% HEADWIND ON BOTH REVENUES AND PROFITS COMPARED WITH LAST YEAR​.  Full Article

Rotork Plc Appoints Kevin Hostetler As Chief Executive
Thursday, 4 Jan 2018 02:00am EST 

Jan 4 (Reuters) - Rotork Plc ::CHIEF EXECUTIVE APPOINTMENT.APPOINTMENT OF KEVIN HOSTETLER AS CHIEF EXECUTIVE, KEVIN WILL JOIN BOARD ON FEB 12, AND ASSUME ROLE OF CHIEF EXECUTIVE FROM MARCH 12 .‍MARTIN LAMB, CURRENTLY EXECUTIVE CHAIRMAN, WILL THEN REVERT TO HIS ROLE AS NON-EXECUTIVE CHAIRMAN​.  Full Article

Rotork ‍group Q3 revenue increased by 5.1 pct​
Thursday, 23 Nov 2017 02:00am EST 

Nov 23 (Reuters) - ROTORK PLC ::‍GROUP Q3 REVENUE INCREASED BY 5.1%​.‍GROUP ORDER INTAKE IN Q3 INCREASED BY 11.8%, OR 7.9% ON AN ORGANIC CONSTANT CURRENCY (OCC) BASIS​.‍ORDER BOOK AT 29 OCTOBER 2017 WAS £219.4M​.‍NET DEBT OF £39.0M AT 29 OCTOBER 2017 ​.‍RESULTS FOR FULL YEAR REMAIN IN LINE WITH MANAGEMENT EXPECTATIONS​.  Full Article

Rotork says Martin Lamb becomes non-executive chairman of Evoqua Water Technology Corp​
Wednesday, 8 Nov 2017 12:53pm EST 

Nov 8 (Reuters) - Rotork :‍MARTIN LAMB, NON-EXECUTIVE CHAIRMAN OF EVOQUA WATER TECHNOLOGIES LLC,FOLLOWING IPO ON NYSE ON 2 NOV 2017, BECOME NON- EXECUTIVE CHAIRMAN OF EVOQUA WATER TECHNOLOGY CORP​.  Full Article

Rotork says interim dividend up 5.1 percent to 2.05 pence per share
Tuesday, 8 Aug 2017 02:21am EDT 

Aug 8 (Reuters) - ROTORK PLC ::INTERIM DIVIDEND UP 5.1 PERCENT TO 2.05 PENCEPER SHARE.HY REVENUE OF £299.7M VERSUS £263.9M, +13.6%.HY ADJUSTED OPERATING PROFIT OF £54.4M VERSUS £50.7M, +7.3%.HY ADJUSTED PROFIT BEFORE TAX OF £52.0M VERSUS £50.1M, +3.7%.HY PROFIT BEFORE TAX £48.8M VERSUS £38.3M."EXPECT MARGINS TO BE AHEAD OF THOSE IN FIRST HALF"."WE ANTICIPATE THAT FULL YEAR MARGINS WILL BE SIMILAR TO PRIOR YEAR"."MANAGEMENT EXPECTATIONS FOR FULL YEAR REMAIN UNCHANGED".  Full Article

Rotork says CEO Peter France resigned
Friday, 28 Jul 2017 02:00am EDT 

July 28 (Reuters) - ROTORK PLC ::ANNOUNCES TODAY RESIGNATION OF PETER FRANCE AS CHIEF EXECUTIVE.CURRENT CHAIRMAN, MARTIN LAMB, WILL ASSUME ROLE OF FULL TIME EXECUTIVE CHAIRMAN WITH IMMEDIATE EFFECT, UNTIL A SUCCESSOR CAN BE APPOINTED.SEARCH FIRM TO LEAD THIS PROCESS WILL BE SELECTED SHORTLY.THIS ANNOUNCEMENT FOLLOWS A PERIOD OF REFLECTION BY BOARD, TOGETHER WITH PETER, ON STEPS REQUIRED TO FOSTER A RETURN TO HIGHER GROWTH AND MARGIN LEVELS.RESULTS FOR HALF YEAR, AND CURRENT PROJECTIONS FOR FULL YEAR, ARE IN LINE WITH MANAGEMENT EXPECTATIONS.  Full Article