RWS: over-sold or over-rated?
The share price of this large high-quality AIM company has struggled to make much progress over recent years. Have we reached the low point, or could there be more trouble to come?
To coincide with its Capital Markets Day event, RWS Holdings (AIM:RWS), the ‘world-leading’ (for once that’s an appropriate term) provider of technology-enabled language, content and intellectual property services, updated on current trading. Our premium article here commented how it’s rare to find a true global leader like RWS on AIM. RWS started the current financial year well, with a strong performance from its Regulated Industries division and accelerated growth in the Language and Content Technology division. While SaaS revenues are building faster than anticipated they are seeing further weakness in IP Services' performance as a result of the recent update…