Renishaw Q1 pre-tax profits surge on improved revenues

21st Oct 2021 08:23

(Sharecast News) - Engineering company Renishaw said on Thursday that group revenues and profits had grown in the first quarter of its current trading year thanks to improving global macroeconomic conditions over the last twelve months.

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Renishaw delays FY results, says trading in line

27th Sep 2021 12:27

(Sharecast News) - Engineer Renishaw said in Monday that full-year trading was in line with the update provided in and hailed a strong start to the year, as it announced that results for the year to the end of June will be a little delayed.

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Wednesday broker round-up

28th Jul 2021 10:15

(Sharecast News) - FDM Group: Numis upgrades from 'hold' to 'add', raises target from 1,050.0p to 1,250.0p.

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Tuesday broker round-up

20th Jul 2021 09:37

(Sharecast News) - Central Asian Metals: Canaccord Genuity initiates coverage at 'buy' with 280.0p target price.

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Renishaw ends formal sale process

7th Jul 2021 08:23

(Sharecast News) - Renishaw has abandoned plans for a potential sale, the specialist engineering group said on Wednesday.

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Royal Mail on course for FTSE 100 return

21st May 2021 10:17

(Sharecast News) - Royal Mail is on course to return to the FTSE 100 index after booming parcel deliveries prompted the company's share price to more than triple in the past year.

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Renishaw struggling to attract suitors due to valuation - report

11th May 2021 08:55

(Sharecast News) - Renishaw shares tumbled on Tuesday following a report it is struggling to attract investor interest due to a high valuation and list of ownership demands.

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Renishaw rallies on reports of interest from Danaher, Hexagon

29th Mar 2021 11:15

(Sharecast News) - Renishaw shares rallied after Bloomberg reported late on Friday that the engineer, which has put itself up for sale, is attracting initial interest from Danaher and Swedish rival Hexagon AB.

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Renishaw upgrades full-year profit, revenue guidance

26th Mar 2021 12:42

(Sharecast News) - FTSE 250 engineering company Renishaw upgraded its full-year guidance on Friday as it pointed to "good momentum" in the business.

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Renishaw puts itself up for sale, shares surge

2nd Mar 2021 08:55

(Sharecast News) - Renishaw shares surged on Tuesday after the engineer said it was putting itself up for sale as its founders look to sell their stake.

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Friday broker round-up

5th Feb 2021 13:27

(Sharecast News) - Burberry: Goldman Sachs upgrades to neutral with a target price of 1,690p.

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Renishaw revenues and profits rise in first half

4th Feb 2021 08:47

(Sharecast News) - Metrology and healthcare technology company Renishaw reported first half revenue of £255.1m on Thursday, down slightly from £259.4m year-on-year.

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Monday broker round-up

26th Oct 2020 13:46

(Sharecast News) - Pearson: UBS upgrades to buy with a target price of 650p.

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Berenberg raises target price on Renishaw

26th Oct 2020 10:17

(Sharecast News) - Analysts at Berenberg raised their target price on engineering company Renishaw from 5,700.0p to 6,200.0p on Monday, stating the firm appeared to be "poised for a recovery".

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Renishaw Q1 profit rises on reduced costs

22nd Oct 2020 08:00

(Sharecast News) - Renishaw posted a rise in first-quarter profit on Thursday despite a decline in revenue, thanks to reduced operating costs and the job retention grant.

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