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RWS Holdings Reports Growth Amid Strategic Shift Towards AI and Specialized Solutions

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RWS Holdings Reports Growth Amid Strategic Shift Towards AI and Specialized Solutions

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RWS Holdings ( (GB:RWS) ) has provided an announcement.

RWS Holdings has reported a return to growth in FY24, driven by high client retention, improved client satisfaction, and significant new wins. The company is focusing on AI-led and specialist solutions to enhance resilience and expand its services, particularly in its Language & Content Technology and TrainAI divisions. Despite challenges with price and mix, RWS expects modest revenue growth for FY25, supported by strong service volumes and ongoing efficiency improvements.

More about RWS Holdings

RWS Holdings plc is a leading provider of technology-enabled language, content, and intellectual property services. The company combines AI-enabled technology with human expertise to help clients grow by making them understood globally, providing multilingual data analysis, and unlocking global understanding. RWS serves over 80% of the world’s top 100 brands and operates in various sectors, including automotive, chemical, financial, legal, medical, and telecommunications, with a presence in over 60 global locations.

YTD Price Performance: -19.42%

Average Trading Volume: 896,451

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £508.9M

Learn more about RWS stock on TipRanks’ Stock Analysis page.

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