Rotork steaming ahead

Valve engineering group Rotork saw record half-year revenue and profit in each of its divisions, while order intake also hit new highs despite a slow-down in orders from India and China.

Valve engineering group Rotork saw record half-year revenue and profit in each of its divisions, while order intake also hit new highs despite a slow-down in orders from India and China.

Boosted by recent acquisitions, revenue in the first half of the year rose 23.3%, or 17.1% on an organic constant currency (OCC) basis, to £245.9m from £199.4m in the first half of last year. Last year's acquisitions weighed in with £16m of incremental revenue in the reporting period.

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