Acquisitions boosted the profits for Rotork Plc to 12% for the first half of this year. Higher profit margins also helped the British manufacturer of valve-control systems improve its performance, as it reported revenue of GBP 276.1 million. Rotork's products and services such as its Electric, Pneumatic & Hydraulic Valve Actuators and Control Systems are catered for companies in the gas, water, and oil industries.
Rotork also reported an increase in its order intake to 9.4%. At the end of June, its order book was worth GBP 208.2 million or USD 319.2 million. This represented an increase of 15.1% from its December orders. Moreover, Rotork also reported that their adjusted pretax profit rose to GBP 69.4 million for the first six months of this year, ending June 30. In the same period last year, the company's adjusted pretax profit was only GBP 61.7 million. Rotork's adjusted pretax organic profit at a constant currency registered an increase of 4%
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