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LONDON (Alliance News) - Renishaw PLC on Tuesday said it has continued to see strong demand across its product lines and will up investment in manufacturing capacity in order to meet this demand.
In a short trading statement, the company said its anticipates pretax profit for the full year to be GBP95 million to GBP105 million, on revenue of between GBP425 million and GBP445 million.
The company had said in October it expects the revenue growth it posted in the first quarter to continue through the second half of its financial year.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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