Renishaw slashes full-year profit and sales forecasts
14th May 2019 08:04
(Sharecast News) - Renishaw slashed its outlook for full-year profits and sales after the engineer's bottom line fell further into the red amid what the company's management termed an uncertain economic backdrop.
Read moreRenishaw slashes full-year profit and sales forecasts
14th May 2019 07:04
(Sharecast News) - Renishaw slashed its outlook for full-year profits and sales after the engineer's bottom line fell further into the red amid what the company's management termed an uncertain economic backdrop.
Read moreRenishaw slumps as it warns over full-year results
21st Mar 2019 09:17
(Sharecast News) - Shares in Renishaw slumped as the engineering group cautioned that full-year results would come in below previous guidance.
Read moreRenishaw's revenue climbs, though profits dip on cost increases
31st Jan 2019 08:19
(Sharecast News) - Engineer Renishaw reported interim revenue growth across all regions except for the Far East, where trading was impacted by a slowdown in demand for encoder products.
Read moreFTSE 250 movers: KAZ climbs, AG Barr spills lower
25th Jan 2019 14:44
(Sharecast News) - London's FTSE 250 was up 0.16% at 18,658.31 in afternoon trade on Friday, as Kazakh copper miner KAZ Minerals drove the market higher.
Read moreFTSE 250 movers: Travel firms fly lower, Intu buoyed by bid
19th Oct 2018 13:40
(Sharecast News) - London's mid cap index was down 0.70% at 18,828.74 on Friday, as travel firms stumbled.
Read moreRenishaw revenues up but profit down in Q1
18th Oct 2018 07:40
(Sharecast News) - High-precision metrology and healthcare technology group Renishaw posted a rise in first-quarter revenue but a drop in profit on Thursday.
Read moreRenishaw looks for further growth as it posts record results
26th Jul 2018 12:00
(Sharecast News) - Renishaw posted its preliminary results for the year ended 30 June on Thursday, reporting record revenue of £611.5m, with growth at constant exchange rates of 18%.
Read moreRenishaw shares rise as Numis upgrades stock to 'buy'
27th Jan 2017 11:03
(ShareCast News) - Renishaw was given a boost on Friday after Numis upgraded its rating on the engineering company to 'buy' from 'add' and raised the target price to 3,500p from 3,000p. The FTSE 250 firm on Thursday reported revenue increased to £240m in the six months ended 31 December 2016 from £1
Read moreRenishaw reports rise in first half profits and revenue
26th Jan 2017 09:20
(ShareCast News) - British engineering firm Renishaw on Thursday posted an increase in first half pre-tax profit as revenues grew across all geographical regions. Pre-tax profit rose to £35.6m in the six months ended 31 December 2016 from £28.5m the same period a year earlier. Revenue increased to £
Read moreRenishaw Q1 revenue up but profit down; to shut diagnostics unit
13th Oct 2016 11:26
(ShareCast News) - High-precision metrology and healthcare manufacturer Renishaw reported a jump in first-quarter revenue but a drop in profit, as it announced plans to discontinue operations at its diagnostics unit In a trading update for the three months ended 30 September, the company said revenu
Read moreFTSE 250 movers: Exporters exce but OneSavings tops the list
4th Oct 2016 16:04
(ShareCast News) - Boosted by another plunge in the pound that is expected to prop up exporters, the FTSE 250 was 1.66% higher late on Tuesday. Exporting companies that were high in the leaderboard included European-focused lender International Personal Finance, equipment rental group Aggreko, which
Read moreSector movers: Electricals advance, beverages slip
27th Jul 2016 14:35
(ShareCast News) - Electronic & electrical equipment was among the top-performing FTSE 350 sectors on Wednesday, with constituents Renishaw and Morgan Advanced Materials rising on earnings news. Engineering firm Renishaw reported a 44% slump in full-year pre-tax profit to £80m as revenue fell due to
Read moreRenishaw FY profit slumps 44% but confident over outlook
27th Jul 2016 08:08
(ShareCast News) - Engineering firm Renishaw reported a 44% slump in full-year pre-tax profit as revenue fell due to a drop in Asian orders. For the year ended 30 June, pre-tax profit came in at £80m from £144.2m the year before on revenue of £436.6m, down from £494.7m. The FTSE 250 group pointed o
Read moreAsia downturn and forex causing headaches for Renishaw
11th May 2016 12:19
(ShareCast News) - Revenue at Renishaw fell in the third quarter, the company revealed on Wednesday, to £109.6m from £145.9m a year earlier. The FTSE 250 firm's cumulative revenue for the nine months to 31 March also fell to £308.1m, compared with £369.7m for the same period last year. Renishaw had
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