Full Year Results 

Doubles all round for Renishaw

Doubles all round for Renishaw

Renishaw’s (RSW) wooing of its customer base is having the desired effect. Strip out the impact of currency fluctuations and the precision engineer, a provider of high-tech tools designed to help manufacturers maximise production output, broke new records once again, growing constant currency sales by 18 per cent and adjusted pre-tax profit by a third to £145m. The group registered double-digit growth all over the world, and growth across all of its product lines. Impressively, Renishaw also managed to double its net cash position, despite rolling out a series of new design launches.

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