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RNS Number : 5624V RWS Holdings PLC 14 December 2021 For immediate release RWS Holdings plc Results for the year ended 30 September 2021 A significant year for the Group , with profit ahead of market expectations RWS Holdings plc ( " RWS " , " the Group " ) , a world leading provider of technology - enabled language , content and IP services today announces its final results for the year ended 30 September 2021 . Financial highlights Revenue Profit before tax Adjusted profit before tax¹ Basic earnings per share Adjusted basic earnings per share¹ Dividend Proposed final Total for year Net cash / ( debt ) ² 2021 £ 694.5m £ 55.0m £ 116.4m 10.9p 23.8p 8.50p 10.50p £ 45.3m 2020 IP Services £ 355.8m £ 58.7m £ 70.2m 16.9p 19.9p 7.25p 9.00p ( £ 15.1m ) Change + 95 % -6 % + 66 % -36 % + 20 % + 17 % + 17 % Organic CC³ Change 2 Net debt comprises loans less cash and cash equivalents excluding lease liabilities . 14 December 2021 [ 1 ] RWS uses adjusted results as key performance indicators as the Directors believe that these provide a more consistent measure of operating performance . Adjusted profit before tax is stated before amortisation of acquired intangibles , share based payment expense , acquisition costs and exceptional items . Adjusted earnings per share adjusts for amortisation of acquired intangibles , share based payment expense , acquisition costs and exceptional items , net of associated tax effects . 4 % 3 Organic CC ( " OCC " ) - represents a like - for - like comparison between reporting periods . It is calculated by adding pre - acquisition revenues for SDL , Webdunia and Iconic on a common basis for the period in 2020 which corresponds to the post acquisition period in 2021 and by applying prior year exchange rates in both reporting periods . Additionally , Horn & Uchida's results were excluded from both years as it was acquired in July 2021 . A Year of Significant Strategic Progress Created a world leading provider of technology - enabled language , content and IP services following the acquisition of SDL plc ( " SDL " ) The Group is in an excellent position , having doubled its size and added new client relationships and capabilities , as a result of the acquisition of SDL Now highly technology - enabled , which positions RWS well to deliver new solutions to clients , drive further operating efficiencies and be at the forefront of the technology - led evolution of our industry The integration of SDL is well progressed , with significant synergies delivered and more to be realised as we see the full year effects in FY22 CEO transition has gone well with a unified Executive Team Enhanced the Board with the appointment of three new non - executive directors Good progress made with implementing the Group's ESG strategy Group Highlights Well progressed with integrating SDL into the Group , delivering cost synergies of £ 16.4m during the year . Revenue grew on both a reported and organic constant currency ( " OCC " ) basis across all divisions of the Group Stronger than expected margin performance primarily reflecting synergies delivered proposing a final dividend of 8.50p ( 2020 : 7.25p ) , representing a 17 % increase in the total dividend Language Services Revenues increased to £ 317.6m ( 2020 : £ 171.3m ) , an 85 % increase over the prior year , and were 4 % higher on an OCC basis Adjusted operating profit increased by 92 % to £ 47.4m ( 2020 : £ 24.7m ) Growth driven by strong sales to major global technology and commercial clients Regulated Industries Revenues increased to £ 162.9m ( 2020 : £ 71.3m ) , an increase of 128 % over the prior year , and were 8 % higher on an OCC basis Adjusted operating profit increased 35 % to £ 28.4m ( 2020 : £ 21.0m ) A strong performance across Life Sciences , led by the division's higher value linguistic validation offering Page 1 of 19