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Rotork PLC on Tuesday left guidance unchanged after reporting broad-based order growth in the first half although pretax profit fell. In response, shares in the Bath, England-based industrial flow control equipment manufacturer rose 3.1% to 326.60 pence each in London on Tuesday. Pretax profit fell 6.6% to £65.1 million in the first half of 2025 from £69.7 million a year prior although revenue nudged 1.6% higher to £367.3 million from £361.4 million. Adjusted operating profit increased by 5.7% to £80.8 million from £76.5 million with an adjusted operating margin of 22%, up from 21.2% a year ago. Order intake improved 4.5% to £391.1 million from £374.4 million a year ago, despite a volatile macroeconomic backdrop, with all divisions experiencing good growth. ‘We’re pleased to see good first-half order growth across all divisions, underpinned by our Growth+ strategy. There was a particularly strong order performance in Water & Power driven by the Target Segment focus on markets such as water infrastructure and treatment. Sales momentum accelerated during the period and we are confident of further growth in the second half, supported by order-book visibility and our project pipeline,’ commented Chief Executive Kiet Huynh. Huynh said full year expectations are unchanged and Rotork continues to anticipate 2025 to be another year of progress on an organic constant currency basis. ‘With a strong balance sheet, we’re confident that we will continue to grow shareholder returns and can pursue value-accretive opportunities through bolt-on M&A and share buybacks,’ Huynh added. The dividend was boosted by 7.3% to 2.95 pence per share from 2.75p a year ago. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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