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Pin to quick picksRenishaw Share News (RSW)

Share Price Information for Renishaw (RSW)

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Share Price: 3,700.00
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UK engineer Renishaw forecasts strong full-year revenue, profit

Tue, 11th Nov 2014 07:21

Nov 11 (Reuters) - British precision engineering companyRenishaw Plc said it expected full-year revenue to bebetween 425 million pounds and 445 million pounds ($674 millionto $705 million) as it continued to see strong demand across itsproduct lines.

The company, whose products include machine tool probes,spectroscopy devices and 3D metal printing equipment, also saidit expected adjusted pretax profit to be between 95 million and105 million pounds for the year ending June 30, 2015.

The company reported revenue of 355.5 million pounds and anadjusted pretax profit of 70.1 million pounds in the year endedJune 30, 2014. ($1 = 0.6309 British pound) (Reporting by Roshni Menon in Bangalore; Editing by GopakumarWarrier)

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