Renold wins £10.6m contract with Royal Canadian Navy

1st May 2024 11:56

(Sharecast News) - Industrial chains and power transmission products supplier Renold has secured a contract to manufacture flexible couplings for Batch 1 of the Canadian Surface Combatant ships for the Royal Canadian Navy, worth £10.6m.

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Renold FY results seen 'materially ahead' of market expectations

15th Apr 2024 10:32

(Sharecast News) - Industrial chains manufacturer Renold said on Monday that its full-year results would now be "materially ahead" of current market expectations as "strong" first-half momentum continued throughout H2.

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Renold posts strong first-quarter performance

5th Sep 2023 07:42

(Sharecast News) - Renold reported strong financial performance in the first quarter in a trading update on Tuesday.

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Renold snaps up Australian chain maker Davidson for £3.1m

1st Sep 2023 08:21

(Sharecast News) - Renold, the AIM-listed supplier of industrial chains, has announced it is spending AU$6m (£3.1m) to buy Melbourne-based high-quality conveyor chain (CVC) maker Davidson Chain.

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Renold reports strong growth as net debt widens

12th Jul 2023 08:55

(Sharecast News) - Industrial chains and transmission products supplier Renold reported significant growth in its final results on Wednesday, with revenue jumping 26.6% to £247.1m.

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Renold FY profits seen 'materially ahead' of upwardly revised expectations

17th Apr 2023 08:02

(Sharecast News) - Industrial chains supplier Renold said on Monday that the "strong momentum" in its performance experienced in the first nine months of the year had continued through the final quarter and said it now sees full-year profits coming in ahead of previous guidance.

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Renold sees FY profits ahead of market expectations

8th Feb 2023 08:17

(Sharecast News) - Renold said on Wednesday that full-year profits were set to be ahead of current market expectations following strong trading since the interim results in November.

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Renold secures £8.7m contract with Royal Australian Navy

17th Jan 2023 10:48

(Sharecast News) - Engineering group Renold has locked in a contract valued at £8.7m via its Renold Couplings subsidiary.

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Renold earnings rise as net debt expands

16th Nov 2022 13:50

(Sharecast News) - Industrial chain and power transmission product supplier Renold reported a 22% improvement in first-half revenue on Wednesday, or 14.3% at constant exchange rates, to £116.3m, driven by strong growth in its chain operations.

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Renold upbeat on strong set of results

13th Jul 2022 12:21

(Sharecast News) - Industrial chain and power transmission product supplier Renold reported an 18.1% improvement in revenue in its final results on Wednesday, to £195.2m, or 21.4% at constant exchange rates.

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Renold shares surge on upbeat profit outlook

14th Apr 2022 08:23

(Sharecast News) - Renold said annual profit would be significantly higher than expectations, boosted by record orders and price increases at the. industrial products group.

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Renold upgrades 2022 expectations as order book hits record high

23rd Aug 2021 08:10

(Sharecast News) - Renold, a supplier of industrial chain and power transmission products, upgraded its expectations for 2022 on Monday amid a record high order book.

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Renold sees continued recovery in order intake

14th Apr 2021 10:02

(Sharecast News) - Industrial chain and power transmission products supplier Renold said on Wednesday that the recovery in both order intake and revenues had continued, with trading for the year ended 31 March in line with the board's revised expectations.

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Renold H1 revenues drop, highlights 'resilient performance' amid Covid-19

16th Oct 2020 09:55

(Sharecast News) - Power transmission products supplier Renold delivered a "resilient performance" in the first half of its trading year despite markets being "significantly impacted" by the Covid-19 pandemic.

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Renold works to cut costs amid Covid crisis

16th Jun 2020 08:27

(Sharecast News) - Industrial chains and power transmission products supplier Renold reported a fall in revenue to £189.4m in its final results on Tuesday, from £199.6m year-on-year.

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