Trade Rotork PLC - ROR CFD

Rotork Company profile

About Rotork p.l.c.

Rotork plc is a United Kingdom-based provider of flow control and instrumentation solutions for oil & gas, water and wastewater, power, chemical process and industrial applications. The Company operates through three divisions: Oil & Gas, Water & Power, and Chemical, Process & Industrial (CPI). The Company is engaged in the production of actuators and related flow control equipment for every part of the oil and gas industry, including production, processing, distribution and storage. Its products control valves in the water and wastewater industry. Its flow control products are used in potable water treatment including filtration, desalination and distribution. The Company has manufacturing facilities in more than 20 locations and serves approximately 173 countries through a global services network.

Financial summary

BRIEF: For the fiscal year ended 31 December 2021, Rotork p.l.c. revenues decreased 6% to £569.2M. Net income decreased 6% to £80.2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Other restructuring costs increase from £115K to £2.6M (expense), Other Operating Inc. decrease of 63% to £587K (income).