UK's Renishaw shares rise on revised full-year outlook

Renishaw

20/04/2026 08:37

** Shares of British engineering firm Renishaw RSW.L rise 8.5% to 4518 p

** Stock hits its highest level since March 2022

** Renishaw now expects full-year adj profit before tax of 145 million pounds ($195.90 million) to 165 million pounds VS previous forecast of 132 million pounds to 157 million pounds

** Company also raised expectations for full-year revenue of 775 million pounds to 805 million pounds VS previous forecast of 740 million pounds to 780 million pounds

** YTD, stock up ~26%

($1 = 0.7402 pounds)

 (Reporting by Tuhina in Bengaluru)

 ((tuhina@thomsonreuters.com))