Industry Headlines

Renishaw First-Half Net Income Surges

Wotton-Under-Edge, England –Renishaw Plc, precision measuring equipment manufacturer, posted record profit in the fiscal first half as demand for its products grew in Asia and the company sold more metrology products.

The metrology business “exceeded our expectations,” the company said, with operating profit rising to 39.3 million pounds from 9 million pounds a year earlier.

At the start of the second half of the fiscal year, Renishaw has seen continued strong worldwide demand for its products, CEO David McMurtry said in a statement.

Profits grew fastest in the Far East region, and China has become the company’s main market, Renishaw said. The U.K. manufacturer’s products include laser-calibration and machine-tool gear.

Did you enjoy this article? Click here to subscribe to Quality Magazine. 

You must login or register in order to post a comment.

Multimedia

Videos

Podcasts

Karen Spencer, Clinkenbeard's quality manager, discusses what makes the plant stand out, advice for other plants, and looks to the future.
More Podcasts

Quality Magazine

CoverImage

2015 May

The May 2015 edition of Quality Magazine includes articles on cloud technologies, depth gages, ISO 9001, digital inspection and cool new products.

Table Of Contents Subscribe

Topics to Talk About

What topics would you like to see Quality cover more?
View Results Poll Archive

Clear Seas Research

qcast_ClearSeas_logo.gifWith access to over one million professionals and more than 60 industry-specific publications,Clear Seas Research offers relevant insights from those who know your industry best. Let us customize a market research solution that exceeds your marketing goals.

STAY CONNECTED

Facebook2015_40 twitter_40px.png  youtube_40px.pnglinkedin_40px.png  

eNewsletters