IN BRIEF: RWS Holdings shares down as interim profit expected to drop
25th Apr 2023 12:56
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 GBP366.3 million, compared to GBP357.3 million a year before. Expects to report adjusted pretax profit of about GBP54 million, down 11% from GBP60.7 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. Read More