Rotork plc provided revenue guidance for the full year 2023. The company confirmed expectations for strong growth in full year revenues on an OCC basis and for year-on-year improvement in full year adjusted operating profit margins. Market expectation for 2023 revenue growth on an OCC basis is 12.6% and for adjusted operating profit margin improvement 60 basis points.

Based on exchange rates from 1 January to 29 October 2023 the year-on-year currency headwind to reported full year revenues is estimated at 1.6%.