UK's Renishaw gains after upbeat annual outlook

Renishaw

Today 10:04

** Shares of British engineering firm Renishaw RSW.L up 2.7% at £54.95 - top gainer on FTSE Midcap Index .FTMC
** Co reports record first-quarter revenue of £251.8 million ($337.54 million), up 47% YoY
** Co says continues "to expect strong progress" in revenue and operating margin for fiscal 2027, helped by demand in the semiconductor, aerospace and defence sectors 
** Stock up 53% YTD
($1 = £0.7460)

 (Reporting by Neeshita Beura in Bengaluru)
 ((Neeshita.Beura@thomsonreuters.com))