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Brighter outlook for RWS

After a flurry of profit warnings, the specialist translation group is on track to hit its full-year forecasts
June 12, 2024
  • Cash flow pressures
  • Profits still falling

Shares in Aim-traded RWS (RWS) jumped by 15 per cent after it published its interim results. Investors were clearly pleased that two of the group’s four divisions have returned to growth, and that management is confident of delivering a “stronger performance” in the second half. After a flurry of profit downgrades, the language services specialist is on track to hit its full-year forecasts, which implies flat sales and a 5 per cent fall in adjusted profits. 

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