Rotork Share Discussion Threads

[quickmind] 08/3/2013 11:41

Talking about investing for long term, huh.

[redartbmud] 05/3/2013 22:17

My nerves are in shreds.

[broadwood] 05/3/2013 16:39

Sprint finish.

[redartbmud] 05/3/2013 15:57

Bit of a roller coaster eh what.

[broadwood] 05/3/2013 15:46

cam - Sorry - didn't see you had updated the header.

Onwards and upwards.

[broadwood] 05/3/2013 15:39

Fighting back - cam.

[broadwood] 05/3/2013 14:16

Valve engineering group Rotork delivered a strong set of full year results on Tuesday, but shares dipped as the group warned on the likelihood of weakness within some regions as a result of the current economic conditions.

Revenue for the 12 months came in at £511.7m, up 14.3% from £447.8m in 2011, giving a pre-tax profit of £124.2m, up 10.3% from £112.6m a year earlier.

Basic earnings per share rose 11% from 93p to 103.1p. The full year core dividend totalled 43p, compared to 37.25p in 2011.

Over the year order intake climbed 16.8%, with the order book reaching a record high of £181m at the end of the year.

The group said that each division had achieved record results in terms of order intake, revenue and profit.

Chief Executive Peter France said: "The strong results across the group reflect the progress we have made in executing our strategy, with each division achieving record results in terms of order intake, revenue and profit.

"Our expanded product portfolio and extensive international reach position us for further growth. We will continue to invest in infrastructure, product development and sales channels both organically and by acquisition to strengthen our presence in the wider flow control market.

"The markets that we serve remain active and whilst we recognise that we are likely to see weakness within some regions due to economic conditions, the board remains confident of achieving further progress in the coming year."

[broadwood] 05/3/2013 14:09

A wee pause on the up escalator.

[cambium] 05/3/2013 08:11

Rotork 2012: Revenue +14% at £512m, PBT +10% at £124m, Adj EPS +14% at 109p, Div 43p +15%. Order book up 15% at £181m.

[redartbmud] 05/3/2013 07:47

Given the economic circumstances, I would say that these are a very good set of results. I would be surprised at any CEO who did not put a rider in his ststement about weakness in some regions - it is a fact of life.
The main thing is that the company is growing nicely.

[broadwood] 05/3/2013 07:04

Pretty good all round. Just a little rider about weakness in some regions but overall ok.

The strong results across the Group reflect the progress we have made in executing our strategy, with each division achieving record results in terms of order intake, revenue and profit.
Our expanded product portfolio and extensive international reach position us for further growth. We will continue to invest in infrastructure, product development and sales channels both organically and by acquisition to strengthen our presence in the wider flow control market.
The markets that we serve remain active and whilst we recognise that we are likely to see weakness within some regions due to economic conditions, the Board remains confident of achieving further progress in the coming year.
Roger Lockwood

[broadwood] 04/3/2013 17:03

Steady as you go today.

[cambium] 04/3/2013 16:58

Not long to wait now

[cambium] 03/3/2013 15:20

Here's hoping for margins not slipping from its current level.

[domtheone] 02/3/2013 15:16

Mate of mine works for Rotork.

Says he's always busy. Lot of work on etc etc.

Has share options on these.

Quad x his investment in the last 1/2 years.

[cambium] 01/3/2013 17:44

I hereby promise. :0)

[broadwood] 01/3/2013 16:44

Cam - do you promise to update the thread after Tuesday?

[broadwood] 01/3/2013 09:10

Getting ready for Tuesday. More strength again.

[cambium] 22/2/2013 15:36

Broad wood. Lol

[broadwood] 22/2/2013 10:24

Prelims 5 Mar.

[broadwood] 20/2/2013 13:32

A success story nobody knows about. Even the thread holder.

[broadwood] 15/2/2013 10:12

Off to the races - again!

[broadwood] 14/2/2013 16:35

Still rising on a weak day.

[broadwood] 13/2/2013 15:38

There she goes again.

Best leave thread head alone - don't want to change the luck.

[broadwood] 07/2/2013 14:30

It annoys me that at the bottom of the page ROR is referred to as an AIM listed co.

Its actually a FTSE 250 constituent - has been for yonks.