RWS Holdings plc, a content solutions company, has released its half-year report for the six months ended March 31, 2025. The company experienced organic constant currency (OCC) revenue growth of 1.4%, with three out of four divisions showing positive results. The Language Services division saw growth driven by data services, while the Language & Content Technology division had a strong performance due to Propylon and Language Weaver. The IP Services divisions growth was underpinned by renewals and research segments. However, the Regulated Industries division saw a decline in revenue. The company anticipates modest organic growth in the second half, resulting in low single-digit OCC growth for the full year. RWS also unveiled a new growth strategy focused on technology and product, aiming to accelerate growth and position the company as a content solution partner of choice. The strategy includes a simplified go-to-market approach, regional sales teams, and a technology-first proposition. The company expects adjusted profit before tax to be in the range of £60-70 million for the full year.
| Financial Metric | H1 2025 | H1 2024 | Change |
|---|---|---|---|
| Revenue | £344.3m | £350.3m | -2% |
| Adjusted EBITDA | £38.1m | £64.2m | -41% |
| Adjusted Profit Before Tax | £18.0m | £45.6m | -61% |
| Reported (Loss)/Profit Before Tax | £(12.7)m | £17.3m | -173% |
| Adjusted Basic Earnings Per Share | 3.6p | 9.1p | -60% |
| Basic (Loss)/Earnings Per Share | (3.1)p | 3.0p | -203% |
| Interim Dividend | 2.45p | 2.45p | 0% |
| Cash Conversion | 171% | 30% | +141% pts |
| Net Debt | £(27.0)m | £(12.9)m | £(14.1)m |