UK's Renishaw rises to over 5-year high as annual profit beats estimates
23/09/2026 08:39
BUZZ-UK's Renishaw rises to over 5-year high as annual profit beats estimates ** Shares of British engineering firm Renishaw RSW.L up 4.5% at 5.785p, their highest levels since May 2021
** Stock is top gainer in FTSE midcaps .FTMC index
** Company reports adjusted pretax profit of £168 million ($223.59 million) for the year ended June 30, beats analyst estimates of £165.27 million, based on LSEG-compiled data
** Renishaw says FY2027 has started strongly as it continues to benefit from current upturn in demand for semiconductor manufacturing equipment
** YTD, stock had risen ~58% so far this year
($1 = 0.7514 pounds)
(Reporting by Roshni Srivastava in Bengaluru)