You are here

Prices & Quotes - UK Markets - Rotork (ROR)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Share Price:
Down 294.60p
Change Today:
-3.80p
Market Cap:
2,571.23m
Sector:
Industrial Engineering

Rotork warns on profits as orders, revenue slump

By Josh White

Date: Tuesday 30 Jun 2020

LONDON (ShareCast) - (Sharecast News) - Industrial instruments maker Rotork on Tuesday warned on interim profits as the coronavirus pandemic hit demand for its products globally.
The FTSE 250 company said group order intake in the first half would be 16% - 18% lower than the previous year's 362m on an organic constant currency basis, hitting adjusted interim profits.

Group revenues would be between 11% - 13% lower year-on-year, and while adjusted group operating profits would be lower, margins would be "relatively resilient".

In the April to May period, Rotork's revenues were down 14% year-on-year on an organic constant currency basis, equalised for working weeks.

Rotork said Asia Pacific orders were modestly lower year-on-year, with demand in the Europe, Middle East and Africa region holding up better than that in the Americas.

Oil and gas orders were expected to be down slightly more than the group as a whole, with the upstream most impacted, while downstream orders were likely to hold up better, but still be down year-on-year.

In the water and power division, which provides essential products and services, the company was expecting a "resilient performance", with incoming orders anticipated to be lower year-on-year, reflecting the strong prior year period.

Chemical, process and industrial orders were likely to be down year-on-year, but less than the group.

Rotork had 125.6m of net cash as at 31 May, and recently entered into a new committed two-year revolving credit facility with its banks. The facility, which was undrawn, totalled 60m.

At 1050 BST, shares in Rotork were down 2.8% at 277.80p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

Rotork Market Data

Currency UK Pounds
Price 294.60p
Change Today -3.80p
52 Week High 341.00p
52 Week Low 191.30p
Volume 873,732
Shares Issued 872.79m
Market Cap 2,571.23m

Performance Indicators

Compare performance with the sector and the market.

Key
Vs Market
Vs Sector
Value
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Price Trend
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Income
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. full sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Growth
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Price Chg 6m
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. empty sector
  4. empty sector
  5. empty sector
P/E
market
  1. full market star
  2. half market star
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
PEG
market
  1. empty market
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. empty sector
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
Dividend Yield
market
  1. half market star
  2. empty market
  3. empty market
  4. empty market
  5. empty market
sector
  1. half sector star
  2. empty sector
  3. empty sector
  4. empty sector
  5. empty sector
EPS Growth
market
  1. full market star
  2. full market star
  3. half market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. empty sector
  5. empty sector
Operating Margin
market
  1. full market star
  2. full market star
  3. full market star
  4. empty market
  5. empty market
sector
  1. full sector star
  2. full sector star
  3. full sector star
  4. full sector star
  5. half sector star

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 6
Sell 1
Strong Sell 2
Total 14
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rotork Dividends

  Latest Previous
  Interim Final
Ex-Div 20-Aug-20 n/a
Paid 25-Sep-20 n/a
Amount 3.90p 0.000p

Trades for 01-Dec-2020

Time Volume / Share Price
14:30 464 @ 294.60p
14:30 116 @ 294.60p
14:30 74 @ 294.60p
14:30 696 @ 294.40p
14:30 600 @ 294.40p

Rotork Key Personnel

CEO Kevin Hostetler