RWS Holdings plc - Half Year Trading Statement
RWS Holdings plc (AIM:RWS), a leading provider of intellectual property support services (patent translations and searches), commercial translations and international patent filing solutions, today provided an update on trading for the half year ended 31 March 2015 ahead of the announcement of its half year results on 2 June 2015.
Trading & Financial Update
The Board expects Group revenues for the first half to be approximately £45.3 million compared to £46.9 million in HY14, a reduction of 3.4%, predominantly as a result of the weakness of the Euro as anticipated. In constant currency terms, revenues in the first half would have been approximately £1.5 million higher. The comparative average exchange rates for the Euro were 1.31…
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