UK's Renishaw falls on weaker quarterly sales

Renishaw

23/10/2025 08:48

** Shares of engineering firm Renishaw RSW.L fall nearly 5% to 3,540p

** Stock among top losers on FTSE 250 index .FTMC, which is up 0.23%

** Q1 FY26 revenue declines to 170.8 mln pounds ($229.23 million) from 173.9 mln pounds last year

** "Regionally, EMEA was the  weak-spot,  with  OCC  revenue  -20.5%, on soft demand for industrial metrology products and a negative impact from ERP implementation, which is expected to be recovered during 2Q," says Jefferies

** YTD, including sessions move, stock up nearly 10% vs sub-index's nearly 8% rise

($1 = 0.7451 pounds)

 (Reporting by Krisha Bhatt)