Half Year Results 

Rotork improves margins, but orders fall

Rotork improves margins, but orders fall

As management warned, poor macroeconomic conditions began to weigh on Rotork (ROR) in the first six months of 2019. Sales were down 4.3 per cent on an organic constant-currency basis, while order intake dropped 1.3 per cent to £363m. Orders did improve quarter on quarter, but the group warned the “pattern of order intake remains uncertain and the market environment uncertain”.

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