RWS shrugs off tough trading conditions

Intellectual property support services firm RWS said it overcame challenging market conditions to post an 11% rise in half year pre-tax profit and said it is well placed to deliver continued progress during 2012.

Intellectual property support services firm RWS said it overcame challenging market conditions to post an 11% rise in half year pre-tax profit and said it is well placed to deliver continued progress during 2012.

The group, which provides technical translations, said sales increased by 8% to £65.4m for the year ended 30 September 2011. Underlying operating profit rose 12.6% to £16.1m and pre-tax profit rose by 11% to £16.2m.

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