- Published on Tuesday, 07 August 2012 11:29
Rotork Controls order intake was a record in the first half
, 7.1% higher than the first half of last year, resulting in an order book of £95.9m, 5.1% ahead of last December. Growth in Asia and the far east has slowed as activity in India and China remained subdued in the second quarter. However, there was stronger growth in the USA, Latin America and Russia, while Australia has started to see the benefit of unconventional gas projects, leading to increased sales of Rotork Process Control actuators. China and India are traditionally strong power markets for Rotork, and has seen this market slow, sales efforts in those countries have switched to the more active oil and gas and water markets.