13th Feb 2019 09:10
LONDON (Alliance News) - Translation services firm RWS Holdings PLC on Wednesday expressed confidence for its results for its current financial year after an "excellent start".
In his annual general meeting statement, Chair Andrew Brode said: "We have had an excellent start to the financial year, considerably ahead of the previous year, with strong underlying trading in the first quarter combined with the benefit of currency movements."
He added: "While it remains early in the year, this underpins our confidence in delivering a performance for financial 2019 which is at least in line with market expectations."
In January, the company also acquired Alpha Translations Canada Inc a provider of legal and financial translations for a cash sum of USD6.0 million.
RWS shares were trading up 2.0% at 470.50 pence each on Wednesday.
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