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RWS

November 2016

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • RWS
  • Price:
  • 286p
The shares spiked higher after RWS said it has enjoyed its’ best year ever’ with revenues of  £122m and an adjusted pretax profit of at least £30.5m – up 34% year-on-year and a £2m beat on forecasts, meaning it is hitting next year’s numbers this year. This strong performance has been driven by the core translations activity and an 11-month contribution from Corporate Translations (the pharmaceutical translation business). The decline in sterling has also been a big win given that over 80% of its revenues are non-Sterling. Strong cash generation means that net debt is now £1.5m.Numis has upgraded to £30.5m pretax profit / eps of 8.1p for the year, lifting next year’s ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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