RWS Holdings, the leading patent translations and technical translations company, announced its preliminary results for its financial year to September 30th 2010. The results were encouraging after a pretty unforgiving year. Sales were up by 9.6% to £60.6 million, with underlying operating profit at £14.3 million and PBT roughly flat at £14.6 million despite an unfavourable FX swing.

Operationally, the core patent translations business performed well in Europe and North America and the young Chinese operation moved into profit. Subscription-based PatBase product sales grew 27% as well. The German technical translations market continued to be a headache, but the company reported that it had improved somewhat in Q4.

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