REG - Rotork PLC - Capital Markets Event

RotorkAnnouncement

02/11/2022 07:00

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RNS Number : 9884E  Rotork PLC  02 November 2022

 

2 November 2022

Rotork plc

 

Capital Markets Event - Achieving our ambition through Growth+

 

Rotork plc ("Rotork"), the global flow control and instrumentation group, is
this afternoon hosting a Capital Markets Event ("CME") to outline its new
Growth+ strategy.

 

The Growth+ strategy is designed to deliver our growth ambition through our
three pillars of Target Segments, Customer Value, and Innovative Products and
Services, each underpinned by our 'Enabling a Sustainable Future' initiative.

 

The CME will include presentations from Kiet Huynh, Chief Executive Officer,
Jonathan Davis, Finance Director, and senior Rotork executives, and will also
cover the megatrends of automation, electrification and digitalisation which
are expected to benefit all of our markets and further support our growth.
In addition, the CME will highlight Rotork Site Services, a key differentiator
within our industry, with the potential for above group average growth and
returns.

 

Rotork's target segments span the divisions and are expected to grow faster
than underlying markets, supporting our ambition to deliver mid to high
single-digit revenue growth and mid 20s adjusted operating margins over time.

 

No update on trading will be provided at the CME.  Rotork will issue an
update on trading for the four months to 30 October 2022 on 23 November 2022.

 

Presentations will be made available on the company's website later today at
https://www.rotork.com/en/investors (https://www.rotork.com/en/investors) and
a recording of the CME will be available in due course.

 

Enquiries:

Rotork plc  Tel:  +44 (0)1225 733 200

Andrew Carter, Investor Relations Director

 

FTI Consulting  Tel:  +44 (0)20 3727 1340

Nick Hasell / Susanne Yule

 

About Rotork

Rotork is a market-leading global provider of mission-critical intelligent
flow control solutions for oil & gas, water and wastewater, power,
chemical, process and industrial applications. We help customers around the
world to improve efficiency, reduce emissions, minimise their environmental
impact and assure safety. Rotork employs about 3,200 people, has manufacturing
facilities in 17 locations and serves 170 countries through a global service
network. Its shares have a premium listing on the London Stock Exchange
(symbol: ROR) and are a constituent of the FTSE 250 index. For more
information please visit www.rotork.com (http://www.rotork.com/) .

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