Full Year Results 

Rotork falls on margin outlook

Rotork falls on margin outlook

Rotork’s (ROR) warning that an improved trading backdrop is unlikely to feed into a better adjusted operating profit margin in 2018 didn’t sit too well with investors. The engineer guided for mid to high single-digit organic revenue growth for the year ahead, before adding that currency headwinds, together with increased investment in new products, service infrastructure and IT infrastructure, are poised to offset those gains.

To continue reading, subscribe today

and enjoy unlimited access to the following:

  • Tips of the Week
  • Funds coverage
  • Weekly features on big investment themes
  • Trading ideas
  • Comprehensive companies coverage
  • Economic analysis
Subscribe to Investors Chronicle

Subscribe today

Full access for just £3.37 a week:

• Tips and recommendations - to beat the market 
• Portfolio clinic & Mr Bearbull - build a well-planned portfolio 
• Expert tools - track and manage investments effortlessly
• Plus free delivery to your home or office

Subscribe Now