Britain's Renishaw posts 11% profit rise on solid defence, semiconductor demand
11/02/2026 07:44
Feb 11 (Reuters) - British engineering firm Renishaw RSW.L reported an 11% jump in first-half profit on Wednesday, boosted by cost-reduction measures and strong demand from the defence and semiconductor sectors. The company's adjusted operating profit came in at 57.5 million pounds ($78.58 million) for the six-month period ended December 31, compared with 51.6 million pounds from a year earlier. ($1 = 0.7317 pounds) (Reporting by DhanushVignesh Babu in Bengaluru; Editing by Sherry Jacob-Phillips) ((DhanushVignesh.Babu@thomsonreuters.com))