Renishaw (GB:RSW) has released an update.
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Renishaw plc reported a solid 6% increase in total revenue to £173.9 million for the first quarter of FY2025, despite mixed trading conditions. The company’s manufacturing technologies sector showed robust growth, while revenue from analytical instruments and medical devices declined by 16%. Adjusted and statutory profits before tax also rose significantly by 22% to £34.0 million.
For further insights into GB:RSW stock, check out TipRanks’ Stock Analysis page.