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RWS Rws Holdings Plc

176.60
-1.40 (-0.79%)
13 May 2024 - Closed
Delayed by 15 minutes

Dividends

Announcement Date Type Currency Amount Ex-Dividend Date Record Date Payment
12/12/2023 Dividend income or Cash Dividend GBP 0.098 25/1/2024 26/1/2024 23/2/2024
08/6/2023 Dividend income or Cash Dividend GBP 0.024 22/6/2023 23/6/2023 21/7/2023
15/12/2022 Dividend income or Cash Dividend GBP 0.095 26/1/2023 27/1/2023 24/2/2023
09/6/2022 Dividend income or Cash Dividend GBP 0.0225 23/6/2022 24/6/2022 22/7/2022
14/12/2021 Dividend income or Cash Dividend GBP 0.085 27/1/2022 28/1/2022 25/2/2022
08/6/2021 Dividend income or Cash Dividend GBP 0.02 24/6/2021 25/6/2021 16/7/2021
10/12/2020 Dividend income or Cash Dividend GBP 0.0725 21/1/2021 22/1/2021 19/2/2021
09/6/2020 Dividend income or Cash Dividend GBP 0.0175 25/6/2020 26/6/2020 17/7/2020
10/12/2019 Dividend income or Cash Dividend GBP 0.07 23/1/2020 24/1/2020 21/2/2020
11/6/2019 Dividend income or Cash Dividend GBP 0.0175 27/6/2019 28/6/2019 19/7/2019
Dividends data is taken only from official company reports.

Top Dividend Posts

Top Posts
Posted at 02/5/2024 13:37 by ygor705
I'm still a bit confused about what is really going on here and so continue to be in watch and wait mode. The key thing for me now is whether cash flow is holding up and whether there is going to be enough money in the kitty to maintain the dividend and perhaps do another buyback. If AI is going to make a big difference to RWS operational performance I really do think that we need to see hard evidence of this happening in this year's financial performance.
Posted at 13/4/2024 08:45 by ygor705
I've been hearing from somebody who works in the industry that RWS has introduced a new AI product that he described as being "a potential game changer". Nevertheless, the AIM market in general seems to be getting a real kicking for structural reasons. Interesting times. Let's hope that RWS can buck the trend!
Posted at 12/4/2024 10:54 by jeffian
I imagine because it has gone (temporarily one hopes!) ex-growth. For years it showed exceptional growth via a combination of underlying growth in existing businesses enhanced by a string of earnings-accretive acquisitions. Covid, of course, knocked it back but the 2023 results were depressed too, showing a loss as a result of impairment charges. However, as you say, the company has always been and remains highly cash-generative which enables it to continue its progressive dividend policy and I am hopeful that this will prove a temporary hiatus and we will return to the growth path soon.

At the macro level, there have been concerns about the business model being undermined by AI but RWS have always embraced new technology and the importance of the translation of specialist patent and technical papers suggest to me that few would be brave enough to rely solely on the bots without human intervention!
Posted at 12/4/2024 09:54 by alotto
Why has the share price dropped so dramatically?
I haven't followed RWS much but the company seems highly cash generative. What are the concerns?
Posted at 29/3/2024 09:43 by ygor705
Been looking at the 2023 accounts of RWS and the first thing that struck me is just how high tech this company has become. The document uses very techy wording that is sometimes hard to follow - a bit odd for a company that makes its money out of making data understandable to all! I was struck by the width of the operating base although 52% of its total revenues still emanate from the US. The increasing volume of international data being quoted as key driver of growth caught my eye as did the increase in admin costs. Reorganisation looks to be ongoing. We're still trending towards 150p and I'm asking myself how long before a dodgy Russian/Chinese oligarch fronts up something to make a takeover here. Without any kind of tech recognition it seems to me as if this company could soon turn into ARM 2.
Posted at 22/3/2024 15:40 by indiestu
Corpse is on life support following the completion of the buy back. UK business is booming, Brexit done. International trade is flourishing. Companies struggling to employ. No language students coming out of college nor need for them in the business place. AI comms gone ballistic. UK tech sector on its knees along with its IT infrastructure that needs modernisation. RWS likely to explode when people wake up. this is a steal!
Posted at 19/3/2024 09:30 by hatfullofsky
At 150p RWS would be valued at £600m which is crazy talk for a company generating £130m of Op Cash and already has £60m ARR. The depressed price is purely and simply about the potential impact of AI.If sales hold up and Evolve gains traction we'll re-rate very quickly
Posted at 19/3/2024 09:13 by ygor705
Bendpa.......I agree that the earnings trend for 23/24 is the critical issue here but we won't know the answer to that one until towards the end of April. That was why I posted are we heading for 150p? At 197p the shares are yielding 6.3% and I, personally, have never regarded RWS as an income stock. Yes there were chunky write offs of goodwill and intangibles last year but these were non-cash balance sheet adjustments. 2023 operational cash flow was down from £157m to c£130m but, even at arguably the wrong price, the buybacks have reduced the share capital by 5.2%. If trading has held up and the share price continues to drop for the next month or so there could be decent buying opportunity here imo.
Posted at 13/12/2023 07:42 by redartbmud
Berenberg: RWS can regrow after ‘challenging year’

RWS (RWS) has encountered cyclical pressures, but the translation services provider can recover its growth trajectory, says Berenberg.

Analyst Calum Battersby retained his ‘buy’ recommendation and target price of 380p on the stock, which slid over 8%, or 20p, to 227p after annual results on Tuesday.

The full-year figures were in line with downgraded guidance RWS gave in October, reflecting a ‘challenging year for the company, with a 2% revenue decline and a 12% decline in adjusted earnings per share’.

Battersby said the company had been hit by a ‘range of macroeconomic and market-specific headwinds faced over the last year’.

‘While the outlook does not promise an immediate market recovery, we continue to see reasons to be positive about RWS’s longer-term outlook,’ he said.

‘Shares now trade on 10 times price/earnings with a 5% dividend yield for a business that remains in a net cash position, and is currently undergoing a £50m buyback, with a previously excellent track record of compounding earnings growth.’

While there is a lack of visibility on a 2024 recovery, Battersby said RWS’s current issues are ‘cyclical and one-off pressures rather than structural ones’ and remains ‘confident that the company will recover to its prior growth trajectory in time’.

The shares have fallen 41% this year.

red
Posted at 08/11/2023 05:54 by alotto
There is a massive spike in turnover (+50%) in 2022 and 2023 compared to 2020 and previous years, which is reflected in profits and dividend payout, whereas the share price has declined significantly in the same period (70% down).

The market clearly is not buying into RWS investment case, as shares were previously exchanged at a significant premium price tag compared to today.

What has changed investor's sentiment? 1. Is revenue growth going to continue on the from current levels (despite the short term challenging market, as recently announced by the company) or growth should be considered from 2020 levels? Was there any exceptional income items in 2021 and 2022 that have inflated revenue and earnings?

Why adjusted earnings are almost 50% higher than non-adjusted? I assume that the adjusted earnings have the cost of acquisitions added back.

With acquisition comes the challenge of integrating operations and optimising costs. Organic growth is often a sign of healthier growth as opposed to acquisitions.

To consider is the higher interest rate environment. RWS doesn't seem to have a significant cost of financing, however any return should be considered interest-discounted going forward.
Is this sufficient to explain the share price decline?

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