Renishaw (RSW)

Sector:

Electronic and Electrical Equipment

Index:

FTSE 250

4,015.00p
   
  • Change Today:
      30.00p
  • 52 Week High: 4,370.00
  • 52 Week Low: 2,950.00
  • Currency: UK Pounds
  • Shares Issued: 72.79m
  • Volume: 11,180
  • Market Cap: £2,922.46m
  • RiskGrade: 147

Renishaw Q1 profit and revenue rise on Far East orders

By Michele Maatouk

Date: Friday 20 Oct 2017

LONDON (ShareCast) - (ShareCast News) - FSTE 250 engineer Renishaw reported a rise in first-quarter profit and revenue on Friday thanks in part to a number of large orders from Far East customers in the consumer electronics markets.
In an update for the three months to 30 September, the company said adjusted pre-tax profit was up 137% to £35.8m and statutory pre-tax profit increased to £36.9m from £10.7m the year before. Meanwhile, revenue from continuing operations came in at £142.3m, up 26% from the corresponding period last year.

Revenue from the metrology business rose to £137.1m from £108.9m last year, with an underlying growth at constant exchange rates of 20%, while revenue in the healthcare business came in at £5.2m compared with £4m last year, representing growth of 29% at constant exchange rates.

Renishaw said its balance sheet remains strong, with net cash balances of £82.6m as at 30 September versus £64.8m in June, including an escrow account of £12.9m, "which provides additional security for the UK defined benefit pension scheme".

"The board remains confident in the future prospects of the group and of achieving good growth in both revenue and profit in this financial year."

At 1115 BST, the shares were down 0.5% to 4,689.00p.

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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 4,015.00p
Change Today 30.00p
% Change 0.75 %
52 Week High 4,370.00
52 Week Low 2,950.00
Volume 11,180
Shares Issued 72.79m
Market Cap £2,922.46m
RiskGrade 147

Renishaw Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.82% below the market average78.82% below the market average78.82% below the market average78.82% below the market average78.82% below the market average
77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average77.78% below the sector average
Price Trend
33.91% above the market average33.91% above the market average33.91% above the market average33.91% above the market average33.91% above the market average
43.59% above the sector average43.59% above the sector average43.59% above the sector average43.59% above the sector average43.59% above the sector average
Income
82.35% below the market average82.35% below the market average82.35% below the market average82.35% below the market average82.35% below the market average
69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average69.23% below the sector average
Growth
2% below the market average2% below the market average2% below the market average2% below the market average2% below the market average
37.14% above the sector average37.14% above the sector average37.14% above the sector average37.14% above the sector average37.14% 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 17-Jun-2024

Time Volume / Share Price
14:26 14 @ 4,020.00p
14:26 14 @ 4,020.00p
14:07 12 @ 4,025.17p
14:04 5 @ 4,020.00p
14:04 5 @ 4,020.00p

Renishaw Key Personnel

CEO William Lee

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