RWS Holdings Anticipates Full Year Adjusted PBT Within Guidance

RWS Holdings plc (LON: RWS), a content solutions provider, has released a year-end trading statement, projecting full-year adjusted PBT within its previously issued guidance range.

The company anticipates announcing its full-year results on December 11, 2025.

The Group expects to deliver adjusted PBT of approximately £60 million. This figure reflects a significant improvement from the first half of the year, which saw £18.0 million, driven by the execution of an efficiency plan announced in June.

Full-year revenue on an organic constant currency basis was broadly in line with the prior year. Reported revenues are expected to be £690 million, a roughly 4% decrease from the £718.2 million reported in FY24.

The Language Services division experienced growth on an OCC basis, fueled by strong progress in its TrainAI, AI services business. Language & Content Technology and IP Services revenues were flat year-over-year on an OCC basis.

Regulated Industries' revenues declined on an OCC basis, primarily due to reduced activity in the linguistic validation business.

The Group's net debt stood at approximately £26 million at the end of September 2025, consistent with the £27 million net debt reported at the end of March 2025.

RWS successfully refinanced its revolving credit facility in early October, increasing the facility from $220 million to $285 million and extending the maturity date to September 2029.

The company stated that the terms were market-leading and refreshed its banking syndicate. RWS maintains that it is well-capitalized, supporting its future growth plans.

The implementation of the new strategy introduced in June 2025 remains on track. The company launched its new organizational structure on October 1, streamlining sales, integrating product and technology teams, and organizing the business into three segments: Generate, Transform, and Protect.

Medium-term financial guidance and new performance targets are expected to be released with the FY25 results.

On October 15, RWS announced the appointment of Stephen Lamb as Chief Financial Officer, who is expected to join the company in the first quarter of 2026.

Ben Faes, Chief Executive Officer of RWS, stated: “We expect to deliver adjusted PBT for FY25 within our guidance range, driven by our sharp focus on efficiency which has led to improved performance in the second half.”

He added that the company is acting decisively in the face of rapid technology evolution.