Rotork PLC, a UK-based company that provides flow control and actuator solutions, released its 2024 full-year results on March 11, 2025, highlighting strong financial performance and progress in its Growth+ strategy. The company reported a revenue increase of 4.9% to £754.4 million, with an 8.2% rise on an organic constant currency (OCC) basis. Adjusted operating profit rose by 8.5% to £178.4 million, and the adjusted operating margin improved by 70 basis points to 23.6%. The companys order intake increased by 2.8% to £744.3 million, and all three divisions saw higher orders. Rotork Service, the companys global service network, performed well, with revenues growing faster than the Group overall. The company also announced a strategic bolt-on acquisition of Noah, a South Korean electric actuator manufacturer, and a £50 million share buyback program. The companys Growth+ strategy, focusing on Target Segments, Customer Value, and Innovative Products & Services, contributed to its success. The Oil & Gas and Water & Power divisions saw double-digit revenue growth, while the Chemical, Process & Industrial division returned to sales growth in the second half. The companys cash conversion remained strong at 119%, and the return on capital employed (ROCE) increased to 37.3%. The companys outlook remains positive, expecting a year of progress on an OCC basis in 2025.