- Based on its third-quarter results, actuator manufacturer Rotork said on Thursday it continued to expect a "robust" financial performance in 2018 and left its full-year expectations unchanged.

The company said that revenue rose 8.4% over the third quarter, while group order intake fell 4%, which reflected the changed timing of project orders and deliveries.

However, its total order book stood at £204.1m at October 2018, 6% higher than at 31 December 2017.

"I am pleased with the progress we have made across all four pillars of our growth acceleration programme, where we have moved from consultation and analysis to implementation and execution," said Chief Executive Kevin Hostetler.

At 9:45am: [LON:ROR] Rotork PLC share price was -22.1p at 261.9p

Story provided by