Rotork Reports Half Year Results
Tuesday, August 10, 2010
The expanding portfolio of products enables Rotork Controls
to sell into a wide range of industries, although the majority of sales are
focused on global infrastructure development. Sales revenue increased by 4.2%
to £120.2m and the order book was slightly higher than the year end position
after the benefit of currency gains. The operating margin improved due to
various cost reduction programs, the product mix and a modest positive currency
impact resulting in a record 32.7% return on sales. More…
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