StockMarketWire.com - Language support services group RWS reported a 45% jump in annual profit as it boosted sales across all three of its operating divisions.

Pre-tax profit for the year through September increased to £57.7m, up from £39.7m on-year.

Revenue rose 16% to £355.7m and adjusted profit rose 20% to £74.2m.

RWS declared a full-year dividend of 8.75p, up 17% on-year.

'This has been another remarkable year for the group, delivering our 16th year of unbroken growth in revenues, profits and dividends since flotation in November 2003,' chairman Andrew Brode said.

Brode said the company's balance sheet positioned it to pursue further acquisition opportunities.

'We look forward with confidence to achieving further progress in 2020,' he said.


At 9:49am: [LON:RWS] RWS Holdings PLC share price was -36.5p at 633.5p



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