Rotork (ROR) Trading Update summary

Order intake and revenue trends

• Order intake rose mid-single digit year-on-year on an organic constant currency basis, with all divisions growing and Water & Power leading.

• LNG liquefaction sector orders were significantly higher compared to the previous year.

• Revenues were modestly lower year-on-year due to order book phasing and a strong prior year comparator.

Strategic initiatives and financial position

• Growth+ strategy initiatives advanced, including new process rollouts at two EMEA assembly facilities.

• Completed £44m acquisition of Noah Actuation in March 2025.

• Net cash stood at £91.2m at March 2025, down from £125.3m in December 2024.

• £50m share buyback programme began in April 2025.

Operational updates and outlook

• North American facilities, representing about 20% of group sales, have capacity to meet most local demand.

• Surcharge increases implemented to offset higher tariffs.

• No significant change in order trends or customer behaviour since 2024 results; April performance aligned with expectations.

• 2025 expected to show progress on an organic constant currency basis, supported by order book and positive end markets.