RWS Holdings PLC (RWS.L) Thursday said it expects revenue of about 344 million for the first half, 1.8% down from last year.
At constant currency, the company sees organic revenue growth of 1.3%.
RWS expects adjusted profit before tax for the first half to be nearly 17 million pounds, significantly lower than 46 million pounds a year ago, primarily impacted by non-trading items including foreign exchange, increased amortisation and the sale of PatBase. Profit was also affected by an increase in the proportion of technology investment being expensed in the year.
For the full year, the company expects adjusted profit before tax to be in the range of 60 million pounds to 70 million pounds.
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