RWS Holdings plc provided earnings guidance for the first half of 2016. For the period, the board expects group revenues to be approximately £56.5 million compared to £45.4 million in the first half of 2015, an increase of 24%. The growth drivers have been the core translations activities, an excellent five-month contribution from Corporate Translations Inc, the newly acquired specialist in life sciences translation and linguistic validation, and a gradually improving currency tailwind.

Adjusted profit before tax (before amortisation of intangibles, share option costs and exceptional CTi acquisition costs) is expected to be in line with the board's recently enhanced expectations and at least £13.8 million in the first half of 2016, reflecting significantly improved gross margins and better than expected currency movements.