Rotork launches £50m share buyback after strong year
5th Mar 2024 08:20
(Sharecast News) - Rotork reported a robust performance in its preliminary results on Tuesday, as well as a promising outlook as it implemented its 'Growth+' strategy.
Read moreBroker tips: Kingfisher, Rotork, IMI, Intertek
29th Jan 2024 14:15
(Sharecast News) - RBC Capital Markets downgraded B&Q and Castorama owner Kingfisher on Monday to 'sector perform' from 'outperform'.
Read moreOutlook finally improving for IMI and Rotork, says Berenberg
29th Jan 2024 08:40
(Sharecast News) - Berenberg has upgraded its rating for engineering group IMI from 'hold' to 'buy', but has named peer Rotork as its top pick in the sector.
Read moreLondon close: Stocks mixed as investors digest Autumn Statement
22nd Nov 2023 15:12
(Sharecast News) - London markets closed with a mixed performance on Wednesday, influenced by the Chancellor's Autumn Statement and big moves from the likes of Sage and Kingfisher.
Read moreRotork confirms full-year guidance
22nd Nov 2023 09:59
(Sharecast News) - Rotork reiterated its full-year outlook on Wednesday, on the back of solid trading during the second half.
Read moreRotork's veteran finance boss to retire next year
12th Sep 2023 07:18
(Sharecast News) - Industrial valve manufacturer Rotork has announced that long-standing finance chief Jonathan Davies is to retire early next year.
Read moreRotork sees FY slightly ahead as Q1 sales rise on strong order book
28th Apr 2023 07:42
(Sharecast News) - Specialist engineer Rotork said it expected adjusted operating profit to be slightly ahead of expectations driven by strong order intake.
Read moreRotork profits rise on higher prices, volumes
28th Feb 2023 07:55
(Sharecast News) - Industrial flow control maker Rotork on Tuesday reported a rise in full-year earnings as higher prices and volumes offset cost inflation.
Read moreRBC Capital Markets downgrade Rotork to 'sector perform'
16th Jan 2023 09:43
(Sharecast News) - Analysts at RBC Capital Markets downgraded industrial valve manufacturer Rotork from 'outperform' to 'sector perform' on Monday, citing "reduced upside".
Read moreRotork appoints Dorothy Thompson as chair
1st Dec 2022 08:49
(Sharecast News) - Rotork said on Thursday it has appointed Dorothy Thompson as independent non-executive director and chair designate.
Read moreRotork revenues rise in four months ended 30 october
23rd Nov 2022 07:57
(Sharecast News) - Flow control equipment manufacturer Rotork said on Wednesday that revenues had grown 18.6% year-on-year in the four months ended 30 October, with the group benefiting from higher selling prices and supply chain improvement measures.
Read moreRotork reports 'strong momentum' as revenue, earnings decline
2nd Aug 2022 09:45
(Sharecast News) - Industrial flow control specialist Rotork reported a 14% improvement in adjusted order intake year-on-year for its first half on Tuesday, to £340.1m, although its revenue and earnings narrowed.
Read moreRotork Q1 order intake up 'high-single digits', Shanghai factory shuttered amid wave of Covid cases
29th Apr 2022 07:27
(Sharecast News) - Manufacturer Rotork said on Friday that first-quarter trading had been in line with internal expectations, with order intake growing "high-single digits" year-on-year on an organic constant currency basis despite a fresh wave of Covid cases in China leading to the shuttering of its key Shanghai factory.
Read moreRotork profits fall as parts shortages hit revenue
1st Mar 2022 07:12
(Sharecast News) - Engineering group Rotork reported a fall in annual profits as computer chip shortages hit revenues and warned supply chain constraints would not improve during the first half of 2022.
Read moreRotork names Kiet Huynh as CEO
10th Jan 2022 07:10
(Sharecast News) - Manufacturer Rotork tapped Kiet Huynh to take over as chief executive officer on Monday, with immediate effect.
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