UK's RWS slumps as FX headwinds drag down annual revenue
** Shares in language services and software firm RWS Holdings RWS.L drop as much as 17% to over 9-year low of 132p
** Co sees FY24 reported revenues of 718 mln pounds ($932.4 mln), down 2% vs last yr due to adverse currency movements
** Sees Group adjusted PBT within market expectations range of 112.8 mln pounds, vs 120/1 mln a yr ago
** Sees foreign exchange to continue to be a headwind to reported revenue and adjusted PBT for FY25
** Stock down ~45% so far this year
($1 = 0.7701 pounds)
Reporting by Prerna Bedi in Bengaluru
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