Rotork plc, the FTSE 250-listed actuator specialist, saw its shares surge over 8% on the London Stock Exchange following the announcement of a GBP 50 million share buyback. The move reflects the company’s strong confidence in its growth prospects amid the ongoing clean energy and industrial automation markets.
The press release highlights Rotork’s strategic focus on high-margin growth opportunities, including hydrogen infrastructure and offshore wind projects, supporting the global decarbonisation agenda. Strong order intake across sustainable technologies has contributed to a 12% increase in bookings, underscoring the company’s resilience.
Despite ongoing supply chain volatility and geopolitical uncertainties, Rotork projects underlying operating profits of GBP 140–150 million and expects a 5–7% increase in revenue for the fiscal year ending December 2025. The share buyback, alongside robust financial guidance, signals confidence in sustained performance and market leadership.
This development aligns with a renewed optimism in UK industrials, as government subsidies for net-zero initiatives continue to stimulate capital expenditure across the sector.