Industry Headlines

Renishaw Revenue Up 59 Percent

July 28, 2011
/ Print / Reprints /
/ Text Size+

GLOUCESTERSHIRE, UNITED KINGDOM-Renishaw's full-year adjusted pretax profit almost tripled, helped by strong growth in China, and the British precision engineer said it expects its current progress to continue.

The company, which makes and sells precision metrology and inspection equipment and products for the healthcare sector, said it posted a 61% growth in its Far East markets.

The FTSE 250 company said it would pay a final dividend of 24.7 pence, amounting to a total dividend of 35 pence, up from 17.6 pence in 2010.

For the year to end-June, the company reported an adjusted pretax profit of 80.4 million pounds ($131.8 million), compared with 28.7 million pounds a year ago.

Revenue rose 59% to 288.7 million pounds.

Shares in Renishaw, which have risen about 12% since its positive forecast in May , closed at 1,886 pence on Tuesday on the London Stock Exchange.

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

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




 In honor of World Quality Month, we spoke to James Rooney, ASQ Past Chairman of the Board of Directors 2013, for his take on quality around the world.
For more information, read the ASQ Speaking of Quality column.
More Podcasts

Quality Magazine


2014 September

Check out the September 2014 edition of Quality Magazine for features!

Table Of Contents Subscribe

The Skills Gap

What is the key to solving the so-called skills gap in the quality industry?
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.



facebook_40.png twitter_40px.png  youtube_40px.pnglinkedin_40px.png