Rotork PLC FY24 Private Investor Webinar: April 2025
Kiet Huynh, Chief Executive Officer and Andrew Carter, Investor Relations Director present the FY24 results and discuss the outlook for the current year.
Chief Executive Officer, Rotork
Search every verified Kiet Huynh interview, podcast appearance, and on-the-record quote β each transcript cross-checked by AI and human review to confirm speaker identity. Kiet Huynh, Chief Executive Officer of Rotork, presented the company's FY24 results in a March 2025 private investor webinar, describing the year as "strong" and noting that analyst consensus for 2025 sales was around 804 million pounds, representing approximately 6% organic constant currency growth over 2024, with an expected operating margin improvement to about 24.1%. He stated that the market expects Rotork to continue delivering revenue growth and margin improvement, adding that "given the track record, we should expect no less than continued growth in all those metrics." Huynh also addressed the impact of tariffs, saying that the primary impact on Rotork was "quite minimal" but acknowledging a secondary impact that is difficult to predict, and noted that the company had navigated a previous high inflation period. Huynh has previously outlined Rotork's "Growth Plus" strategy, which he said aims to deliver mid-to-high single-digit revenue growth and mid-20s adjusted operating margins over time. In a 2022 investor presentation, he stated that the company anticipated an uptick in the oil and gas cycle and was "extremely well positioned to profit and grow" from it, as well as from accelerated spending in alternative energies. In a 2023 webinar, he discussed the shift from pneumatically operated diaphragm valves to electric actuators, noting that methane is "28 times more pollutant than CO2" and that Rotork manufactures electric valves. He also emphasized that the company's ambition was to show year-on-year margin progression toward the mid-20s operating margin target.
“The oil and gas business is not actually directly correlated to the oil price. As long as the oil price is above a certain amount, which is what we call the break even. And a break even really ranges depending on the application between $35 a barrel to $50 a barrel. If the oil price is above that, investment continues....”
“With tariff things are changing by the minute and by the day. We had mapped the what was the tariffs that were impacting Rotork and the impact was actually quite minimal in terms of the primary impact in terms of the tariffs that would be affected on us. However, there is a secondary impact with tariffs, which I don't...”
“methane is 28 times more pollutant than the CO2. The best way to eliminate this is to switch from the pneumatically operated diaphragm valves and move to Electric valves so Road talk don't make the diaphragm valves but we do make the electric valves so this is seeing a shift in that market moved towards electric actuat...”
“our ambition is to achieve our mid-20s operating margin so our aim is to show year-on-year margin progression so we do expect to to see margin progression in 2023. we haven't put a time frame in terms of when we will achieve the the mid-20s however we we have stated that we will show year-on-year margin progression”
“We anticipate an uptick in the oil and gas cycle, which therefore means that we're extremely well positioned to profit and grow from the oil and gas uptick. There's also accelerated spend in alternative energies as I just mentioned in the adjacent markets and again we're very well positioned to grow in that area.”
“Our financial ambitions are to deliver mid to high single-digit revenue growth and mid-20s adjusted operating margins over time.”
Kiet Huynh, Chief Executive Officer and Andrew Carter, Investor Relations Director present the FY24 results and discuss the outlook for the current year.
Kiet Huynh, CEO, and Andrew Carter, Investor Relations Director, present the FY 2022 results and the outlook for 2023.
Kiet Huynh, Chief Executive Officer, and Andrew Carter, Investor Relations Director, will provide an update on Rotork's first halfΒ ...
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