Renishaw (RSW)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

3,730.00p
   
  • Change Today:
    -20.00p
  • 52 Week High: 4,370.00p
  • 52 Week Low: 2,950.00p
  • Currency: UK Pounds
  • Shares Issued: 72.79m
  • Volume: 16,862
  • Market Cap: £2,715.01m
  • RiskGrade: 147

Renishaw lifts full-year profit and revenue guidance

By Michele Maatouk

Date: Wednesday 10 May 2017

LONDON (ShareCast) - (ShareCast News) - FTSE 250 engineer Renishaw lifted its full-year pre-tax profit and revenue forecasts on Wednesday as it reported a rise in third-quarter profit and revenue.
Revenue in the quarter to the end of March came in at £141.7m from £109.6m the year before, while cumulative revenue for the nine months rose to £382.2m from £308.1m. Meanwhile, pre-tax profit came in at £33.6m, up from £21.8m and cumulative pre-tax profit to 31 March was £69.3m compared with a restated £50.4m last year.

The company said it now expects full-year revenue to be in the range of £520m to £535m, up from a previous forecast of between £500m and £530m. Pre-tax profit is seen coming in at £99m to £108m, up from a forecast of £85m to £105 at the half-year trading update.

"We continue to manage our cost base and evaluate investment in new business areas," it said.

At 0917 BST, the shares were down 1.8% to 3,542.79p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Renishaw Market Data

Currency UK Pounds
Share Price 3,730.00p
Change Today -20.00p
% Change -0.53 %
52 Week High 4,370.00p
52 Week Low 2,950.00p
Volume 16,862
Shares Issued 72.79m
Market Cap £2,715.01m
RiskGrade 147

Renishaw Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.39% below the market average78.39% below the market average78.39% below the market average78.39% below the market average78.39% below the market average
88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average88.89% below the sector average
Price Trend
5.88% above the market average5.88% above the market average5.88% above the market average5.88% above the market average5.88% above the market average
28.21% above the sector average28.21% above the sector average28.21% above the sector average28.21% above the sector average28.21% above the sector average
Income
79.42% below the market average79.42% below the market average79.42% below the market average79.42% below the market average79.42% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Growth
2.84% above the market average2.84% above the market average2.84% above the market average2.84% above the market average2.84% above the market average
29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average29.41% above the sector average

What The Brokers Say

Strong Buy 2
Buy 0
Neutral 3
Sell 1
Strong Sell 1
Total 7
neutral
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Renishaw Dividends

  Latest Previous
  Interim Final
Ex-Div 07-Mar-24 02-Nov-23
Paid 09-Apr-24 07-Dec-23
Amount 16.80p 59.40p

Trades for 26-Jun-2024

Time Volume / Share Price
13:26 1,054 @ 3,735.00p
13:24 92 @ 3,723.05p
13:16 12 @ 3,730.00p
13:16 1 @ 3,730.00p
13:12 1,000 @ 3,740.00p

Renishaw Key Personnel

CEO William Lee

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