Full Year Results 

Renishaw battles multiple revenue threats

Renishaw battles multiple revenue threats

The bulk of engineering group Renishaw’s (RSW) earnings comes from selling high precision measuring equipment for manufacturing processes. The ‘metrology’ business had already been hit by US-China trade war tensions and a subdued machine tool sector in the first half, but the impact of Covid-19 compounded its troubles, resulting in the segment’s revenue falling by more than a tenth during the year to June. 

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