RWS Holdings (GB:RWS) has released an update.
RWS Holdings PLC reported a 2% decline in organic constant currency revenues and an expected £45 million adjusted profit before tax for the first half of 2024, marking a slight improvement from the previous year’s downward trends. The company anticipates stronger revenue in the second half, bolstered by new business wins and growth in AI-based solutions. Despite facing macroeconomic and market pressures, RWS Holdings remains optimistic about its AI investments and returned growth in its Language Services and IP Services divisions.
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