Renishaw PLC (LSE:RSW) reported record revenue and profits at the top end of guidance for the year to June, saying the markets it sells into are heading for "further steady growth" in the year ahead. The maker of precision measuring and manufacturing tools generated £713 million, up 3.1% from the prior year thanks to the ongoing recovery in the semiconductor market, while adjusted profit before tax rose 3.8% to £127.2 million.
Renishaw PLC (LSE:RSW) shares jumped 9% to 3,240p on Thursday after the engineering group said annual earnings would come in at the upper end of its guidance. The company expects adjusted pre-tax profit for the year to 30 June 2025 to be towards the top of its £109 million to £127 million range, with revenue in the middle of its £700 million to £720 million forecast.
FTSE 250-listed engineer Renishaw PLC (LSE:RSW) said it is introducing a surcharge to pass on the impact of additional costs from US tariffs. In results for its fiscal third quarter, the group reported revenue of £180.7 million, a 5% year-on-year increase that was an improvement on the 3% growth in the first half.
| Automobile Components Industry | Consumer Discretionary Sector | Mr. William Ernest Lee M.A., M.B.A. CEO | OTC PINK Exchange | GB0007323586 ISIN |
| GB Country | 5,256 Employees | 7 Mar 2025 Last Dividend | - Last Split | - IPO Date |
Renishaw plc is a pioneering engineering and scientific technology enterprise with a global footprint in the design, manufacture, distribution, sale, and service of advanced technological products, along with analytical instruments and medical devices. Founded in 1973 and based in Wotton-under-Edge, United Kingdom, Renishaw has built a reputation for delivering innovative solutions across various industries, including aerospace, automotive, consumer electronics, medical and healthcare, heavy industry, machine building, precision manufacturing, and the fields of science, research, and analysis. Through its extensive range of products and services, Renishaw is committed to addressing complex challenges and pushing the boundaries of what is possible in precision measurement and additive manufacturing technologies.