UK's Renold sees weaker fiscal 2026 demand on market uncertainty
07/07/2025 07:27
July 7 (Reuters) - Renold PLC RNO.L, a British industrial machinery and equipment maker, said on Monday that volume demand in early fiscal year 2026 has fallen below year-ago levels, as economic uncertainty in key markets prompted customers to delay purchases. The company expects subdued demand to persist at least the remainder of the first half of the fiscal year. (Reporting by Raechel Thankam Job in Bengaluru; Editing by Sherry Jacob-Phillips) ((RaechelThankam.Job@thomsonreuters.com;))