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Annual Results

Renishaw posts record FY pretax profit

29 July 2015 09:47

Renishaw has booked a record FY pretax profit of £144.2m, from £96.4m a year earlier. Revenue was £494.7m, from £355.5m. Dividend per share was 46.5p, from 41.2p.

"Whilst it is hard to predict to what extent there will be significant large orders in this coming year, with the development of new products and applications and continued growth in our underlying business, your directors remain confident in the long-term prospects for the Group," the company said in a statement.

"At this early stage in the current financial year, we anticipate that revenue for this year will be in the range of £460m to £485m and profit before tax will be in the range of £85m to £105m."

At 9:47am: (LON:RSW) Renishaw PLC share price was +84.5p at 2048.5p

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