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RNS Number : 0667N Renishaw PLC 17 June 2025
Renishaw plc
Capital Markets Day
Renishaw is today hosting a Capital Markets Day for analysts, institutional
investors and private shareholders, at its Miskin manufacturing site in Wales.
The agenda includes updates on Renishaw's strategic progress, including new
product releases in FY26, and an explanation of how the company is aiming to
achieve its financial goals. The company will also set out changes to its
segmental reporting from FY26.
The presentation will describe Renishaw's focus on achieving growth and margin
targets to drive shareholder value. It will discuss the following areas:
· Driving revenue growth through accelerated innovation
· Improving operating margins through focused execution and
productivity
· Rationalising Renishaw's portfolio and aligning into new business
segments
· Focusing on cash conversion and growing shareholder returns
It will also provide more detail on Renishaw's financial targets, including a
new operating cost reduction programme which aims to save £20 million of
annualised labour costs.
A key part of the day will be a tour of the facilities, which will showcase
recent capital investments and Renishaw's world-class manufacturing
processes. Attendees will be shown the significant investment in
manufacturing capacity that has been made at Miskin and will see first-hand
how additional investments are being made to help drive productivity, improve
margins and increase return on capital. Attendees will also see how Renishaw
uses its own technology to efficiently and sustainably manufacture
high-quality components, and therefore how its customers similarly benefit
from the use of those products.
The new reporting segmentation is being introduced from 1 July 2025 to help
investors better understand Renishaw's business. There will be three new
segments which are more closely linked to end-user markets and external demand
drivers, and which are better aligned with the company's evolving
organisational structure. The three new segments will be:
· Industrial Metrology - comprising metrology sensors for CMMs and
machine tools, metrology accessories, calibration systems, CMM & gauging
systems, and metrology software
· Position Measurement - comprising encoder products for position
feedback
· Specialised technologies - comprising spectroscopy products,
additive manufacturing systems, industrial automation products, and the
non-core neurological business
The presentation slides will be made available to view at
www.renishaw.com/investor (http://www.renishaw.com/investor) on Wednesday
18(th) June, with video recordings available by Friday 20(th) June.
Renishaw plc
Registered office: New Mills, Wotton-under-Edge, Gloucestershire, GL12 8JR
Registered number: 01106260, England and Wales
Telephone: +44 (0)1453 524524
Website: www.renishaw.com (http://www.renishaw.com/)
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