Summarize this content to 2000 words in 6 paragraphs in Arabic Stay informed with free updatesSimply sign up to the Investments myFT Digest — delivered directly to your inbox.Investors didn\u2019t react well to RWS Holdings\u2019 first-half trading update last week. The Aim-traded language services specialist, which translates documents such as patents or trademark filings, issued a profit warning that sent its battered shares down by 44 per cent to a 14-year low.Adjusted pre-tax profit for the six months to March 31 is expected to come in at around \u00a317mn, down sharply from \u00a346mn a year earlier. The company blamed a mix of factors, including currency issues, higher non-cash charges, the sale of its PatBase database and extra spend on technology.\u00a0RWS also lowered its full-year guidance. It now expects adjusted pre-tax profit of \u00a360mn-\u00a370mn for the 2025 fiscal year, well down from \u00a3106.7mn last year. Gross margins are under pressure due to a shift towards lower margin work, while tech investment is pushing up overheads.Organic constant currency sales grew by 1.3 per cent, with three of its four divisions delivering growth. But reported revenue is set to fall 1.8 per cent to \u00a3344mn, weighed down by weakness in its regulated industries business. Management is guiding for modest single-digit organic growth over the full year.Profit warnings aren\u2019t an unfamiliar story for RWS. The most recent one took place in April 2023 as client demand slowed. More recently, investors have been fretting over the threat of translation tools powered by artificial intelligence. The company insists new AI services such as TrainAI and Language Weaver are now helping to drive growth.\u00a0The shares are down by more than two-thirds year to date, and management is buying into this weakness. Chief executive officer Benjamin Faes, the former Google executive who took over from Ian El-Mokadem in January, spent \u00a3679,000 on the company\u2019s stock on April 24. <\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic Stay informed with free updatesSimply sign up to the Investments myFT Digest — delivered directly to your inbox.Investors didn\u2019t react well to RWS Holdings\u2019 first-half trading update last week. The Aim-traded language services specialist, which translates documents such as patents or trademark filings, issued<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":{"0":"post-299012","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-tech"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/299012","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=299012"}],"version-history":[{"count":0,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/299012\/revisions"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=299012"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=299012"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=299012"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}