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Rotork plc (RTOXF) Q2 2026 Earnings Call Transcript

Rotork LON: ROR reported first-half growth in revenue and operating margin despite disruptions in oil and gas markets, with strength in its CPI division, water infrastructure and service operations helping offset weaker energy-related activity.

Rotork PLC's (LSE:ROR) agreement to a £4.1 billion takeover by Switzerland's ABB sparked a rally across the FTSE industrial engineering sector, adding to evidence that overseas buyers continue to target UK manufacturers. Shares in the FTSE 250-listed flow control specialist surged 67% to 486p after ABB agreed to pay 503p a share in cash, with shareholders also eligible to receive an interim dividend of up to 3p.

Shares of British engineering company Rotork surged 67% on Thursday after Swiss industrial giant ABB agreed to acquire the company for $5.5 billion in the largest acquisition in ABB's history, extending a wave of foreign takeovers that is reshaping the UK stock market. The recommended cash offer eclipses ABB's previous biggest acquisitions, including its $4.2 billion purchase of Baldor in 2011 and its $3.9 billion…

Rotork PLC's (LSE:ROR) agreement to a £4.1 billion takeover by Switzerland's ABB sparked a rally across the FTSE industrial engineering sector, adding to evidence that overseas buyers continue to target UK manufacturers. Shares in the FTSE 250-listed flow control specialist surged 67% to 486p after ABB agreed to pay 503p a share in cash, with shareholders also eligible to receive an interim dividend of up to 3p.