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Renishaw ( (GB:RSW) ) has provided an announcement.
Renishaw reported a 3% increase in revenue to £341.4 million for the first half of FY2025, driven by growth in manufacturing technologies, despite challenges in certain regions and sectors. The company achieved a 9% rise in operating profit, supported by favorable currency movements, and maintained a strong cash flow with strategic product launches, positioning it for continued growth in established and emerging markets.
More about Renishaw
Renishaw is a world-leading supplier of measuring and manufacturing systems, providing high accuracy and precision technologies that enable innovation and ensure product traceability. With a global presence in the Americas, EMEA, and APAC regions, most of its R&D occurs in the UK, and its largest manufacturing sites are in the UK, Ireland, and India.
YTD Price Performance: 5.32%
Average Trading Volume: 83,207
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £2.64B
See more insights into RSW stock on TipRanks’ Stock Analysis page.
