Rotork (ROR)

Sector:

Engineering

Index:

FTSE 250

314.60p
   
  • Change Today:
      1.00p
  • 52 Week High: 361.80
  • 52 Week Low: 275.80
  • Currency: UK Pounds
  • Shares Issued: 843.28m
  • Volume: 1,732,733
  • Market Cap: £2,652.95m
  • RiskGrade: 137
  • Beta: 0.00

Rotork sees FY slightly ahead as Q1 sales rise on strong order book

By Frank Prenesti

Date: Friday 28 Apr 2023

LONDON (ShareCast) - (Sharecast News) - Specialist engineer Rotork said it expected adjusted operating profit to be slightly ahead of expectations driven by strong order intake.
Sales for the three months to April 2 rose 18% against a more supply-chain disrupted comparative period and benefited from both volume and selling price increases, with all divisions and regions ahead year-on-year and with particularly strong growth in the Americas, the company said on Friday.

Order intake was ahead a mid-teen percentage year-on-year on an organic constant currency basis, with all divisions making "encouraging progress", Rotork said.

"Our orders continue to be driven largely by customers' operational spend. In addition, in the period we saw a return of a relatively high level of large project activity."

"The outlook for our end markets remains positive and our record order book gives us good visibility into the second half of the year. We are encouraged by the early momentum we are seeing with our growth+ strategy and are investing in the programme as planned. Whilst we are cognisant of the continuing global macro-economic uncertainty, we now expect 2023 adjusted operating profit to be slightly ahead of our earlier expectations."

Reporting by Frank Prenesti for Sharecast.com

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

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Rotork Market Data

Currency UK Pounds
Share Price 314.60p
Change Today 1.00p
% Change 0.32 %
52 Week High 361.80
52 Week Low 275.80
Volume 1,732,733
Shares Issued 843.28m
Market Cap £2,652.95m
Beta 0.00
RiskGrade 137

Rotork Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
95.03% below the market average95.03% below the market average95.03% below the market average95.03% below the market average95.03% below the market average
85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average85.71% below the sector average
Price Trend
20.68% below the market average20.68% below the market average20.68% below the market average20.68% below the market average20.68% below the market average
26.67% above the sector average26.67% above the sector average26.67% above the sector average26.67% above the sector average26.67% above the sector average
Income
49.32% below the market average49.32% below the market average49.32% below the market average49.32% below the market average49.32% below the market average
50% below the sector average50% below the sector average50% below the sector average50% below the sector average50% below the sector average
Growth
8.71% above the market average8.71% above the market average8.71% above the market average8.71% above the market average8.71% above the market average
15.38% above the sector average15.38% above the sector average15.38% above the sector average15.38% above the sector average15.38% above the sector average

What The Brokers Say

Strong Buy 7
Buy 5
Neutral 6
Sell 0
Strong Sell 0
Total 18
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Rotork Dividends

  Latest Previous
  Final Interim
Ex-Div 24-Apr-25 15-Aug-24
Paid 03-Jun-25 23-Sep-24
Amount 5.00p 2.75p

Trades for 30-May-2025

Time Volume / Share Price
16:43 287 @ 314.60p
16:42 287 @ 314.61p
16:41 14,821 @ 314.60p
16:39 161,640 @ 316.86p
16:35 28,999 @ 314.60p

Rotork Key Personnel

CEO Kiet Huynh
CFO Ben Peacock

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