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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
RWS
RWS (RWS) investor relations material
RWS Q4 2026 TU earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q4 2026 TU earnings summary27 Oct, 2026
Executive summary
FY26 returned to growth, with OCC revenue up ~3% and adjusted PBT expected ~9% above FY25; strong cash conversion supported a stronger position entering FY27.
Progress across go-to-market, technology and efficiency initiatives included the agreed Acolad acquisition and launches of Language Weaver Pro and a next-generation translation management platform.
Financial highlights
FY26 reported revenue expected at ~£700m, up ~2% YoY; OCC revenue growth ~3% versus -0.7% in FY25.
Adjusted PBT expected in line with market expectations and ~9% above FY25, including a £1m loss from Obviously Group.
Adjusted PBT margin expected at ~9.4%, up from 8.8% in FY25.
Outlook and guidance
FY27 begins from a stronger position; Acolad is expected to complete shortly, adding European scale and a larger enterprise client base across all segments.
Sales capability investment is intended to support improved organic growth in FY27, including Transform technology revenue.
Next-generation translation management platform scheduled to launch in November 2026.
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Latest events from RWS
- 7% OCC revenue growth, 28% profit rise, and expanded AI and IP capabilities.RWS
H1 2026 - First-half revenue up 5% to £360m, with strong segment growth and improved profitability.RWSQ2 2026 TU
- SaaS and AI revenues surged, driving a tech-first pivot and margin expansion outlook for FY26.RWSH2 2025
- FY25 adjusted PBT within guidance, revenue down 4%, and new structure launched for future growth.RWSQ4 2025 TU
- Adjusted PBT fell 61% as revenue grew 1.4% OCC and tech-driven transformation advanced.RWSH1 2025
- AI-led growth, margin gains, and SaaS momentum drive positive FY25 outlook.RWSH2 2024
- AI-led growth and efficiency actions position RWS for resilience and future strength.RWSTrading Update
- Revenue down 4%, AI and resilient margins drive growth, full-year outlook remains strong.RWSH1 2024
Next RWS earnings date
H2 202615 Dec, 2026
RWS
Next RWS earnings date
H2 202615 Dec, 2026
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Frequently asked questions
RWS Holdings Plc offers translation, intellectual property support, and language technology services. The company provides content localization, patent translation, and AI-powered linguistic solutions for clients in life sciences, legal, technology, and other sectors. The company is headquartered in Chalfont St Peter, United Kingdom, and its shares are listed on the LSE.