RWS Gives Early Indication of Pandemic’s Impact on Translation Industry
The world’s most valuable listed language service provider RWS posts small decline in revenues in H1 FY 2020 and updates investors on impact of coronavirus pandemic.
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Moravia, Trump Tax Cut, US Dollar in Spotlight as RWS Posts Half-Year Update
In first trading update post Moravia acquisition, RWS says revenues jumped by 82% to GBP 139.6m and pre-tax profit was at least GBP 28.3m. While analysts continue to rate the stock a buy, the company lost over USD 250m in market cap in early London trading.
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