Rotork PLC

Latest Results (19.09.2026):

Rotork PLC — full year 2025 (FY2025): Rotork delivered solid full-year results with OCC (organic constant currency) order intake and revenue growth, margin expansion and active capital deployment. Adjusted operating profit rose to £191.5m (adjusted operating margin 24.6% OCC), adjusted basic EPS was 17.0p, cash conversion was 101% and ROCE increased to 38.4%. Management completed M&A and buybacks while proposing a higher full-year dividend of 8.30p.

Top-line and orders

Order intake £782.6m (+6.0% OCC, +5.2% reported). Revenue £777.3m (+3.7% OCC, +3.0% reported) — growth driven by H2 strength in CPI and sustained Water & Power performance, with Oil & Gas stable but affected by customer-driven midstream project delays late in the year.

Profitability and margins

Adjusted operating profit £191.5m (+10.0% OCC, +7.3% reported) and adjusted operating margin 24.6% (OCC +140bps year‑on‑year). Reported operating profit £157.1m and reported operating margin 20.2%, with adjustments mainly for Business Transformation costs and acquired intangible amortisation.

Earnings per share and cash conversion

Adjusted basic EPS 17.0p (2024: 15.9p). Reported basic EPS 13.8p (2024: 12.1p). Cash conversion of adjusted operating profit into operating cash was 101% (2024: 119%), and free cash flow was £106.8m.

Balance sheet, cash and returns

Net cash £65.3m at year end (2024: £125.3m) after M&A and buybacks. The Group returned capital via share buybacks (£60.4m in the year) and dividends; full-year ordinary dividend 8.30p (final recommended 5.35p; total +7.1% vs 2024). Remaining buyback completion expected in H1 2026.

M&A and portfolio

Completed acquisition of Noah (consolidated contribution to 2025: £11.2m revenue, £2.0m adjusted operating profit). Management signalled targeted M&A will continue to support the Growth+ strategy, notably in data‑centre and electrification areas.

Divisional performance

CPI: Revenue +7.0% OCC (strong H2; data centre, speciality chemicals, HVAC, mining and marine momentum). Water & Power: +6.1% OCC (water modernisation, desalination, power refurbishment). Oil & Gas: +0.6% OCC (upstream electrification and stable downstream; midstream weaker late in year).

Strategic metrics and outlook

Target Segment revenues +8% OCC and Rotork Service grew ahead of the Group, reaching 24% of sales. ROCE expanded to 38.4%. Management expects further OCC progress in 2026 with continued momentum in CPI and Water & Power, stable Oil & Gas with higher H2 weighting, and continued delivery of the Growth+ strategy.