RWS Holdings (GB:RWS) has released an update.
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RWS Holdings plc has reported a mix of progress and challenges in its half-year results for 2024, with revenue down 4% and profits before tax reduced compared to the previous year. The company highlighted growth in its AI-based solutions, such as TrainAI and Language Weaver, contributing to more than a quarter of its revenues, and announced a slight increase in its interim dividend. Despite some setbacks in regulated industries and content management software sales, RWS Holdings remains optimistic about future growth driven by its AI solutions and linguistic services.
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