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RWS Holdings PLC - Buckinghamshire, England-based technology-enabled language services provider - For the six months ended March 31, delivers revenue growth of 2.5% with revenue amounting to £366.3 million, compared to £357.3 million a year before. Expects to report adjusted pretax profit of about £54 million, down 11% from £60.7 million a year prior. This is due to reduced levels of activities, ‘offset by cost actions we are taking and the ongoing efficiencies being delivered through our Language eXperience Delivery platform’, RWS explains. Says analysts’ expectations for financial 2023 gives £127.9 million to £136.5 million for adjusted pretax profit, with a consensus of £133.2 million. For financial 2022, underlying pretax profit was £135.7 million. Current stock price: 241.60 pence each, down 15% on Tuesday afternoon in London 12-month change: down 43% Copyright 2023 Alliance News Ltd. All Rights Reserved.
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