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IN BRIEF: RWS To Return Furlough Funds To UK Government

6th Aug 2020 14:07

RWS Holdings PLC - Buckinghamshire-based language, intellectual property support services and localization provider - To return funds received under the UK government's Coronavirus Job Retention scheme. Will make no further claims under the scheme. Head office in Chalfont St Peter, England and offices in China and the Czech Republic have now reopened. Other offices remain closed at present, and the business is establishing a timeline and procedures for reopening them. Continues to see limited impact from Covid-19 on customer demand, while cash generation and liquidity have remained strong. Remains confident of the resilience and strength of the company's balance sheet and future prospects.

Current stock price: 646.20 pence

Year-to-date change: up 6.1%

By Tapan Panchal; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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