RWS Holdings - interim results suggest more to go for
RWS Holdings, the patent translations and technical search group, has announced excellent half year results for the six months ended 31 March 2011.
Sales for the period were up 10.5% to £32.4m or 11.6% on a constant currency basis
Profit before tax ( before amortization of intangibles) was up 21.6% to £8.2m and resulting adjusted diluted earnings per share up 21.7% to 14.0p. The interim dividend was also increased 15.9% to 3.65p.
The Group remains cash rich with net cash at period end £20.0m (2010: £23.8M), after the £12.8m purchase and fit out of…
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