Engineering pioneer Renishaw racks up another year of growth

July 25, 2012
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Renishaw, the pioneering South Gloucestershire precision engineering group, has unveiled a record set of annual results with pre-tax profits for the year for the year to June 30 up 7% to £86m on revenue ahead by 15% to £331.9m.

The Wotton-under-Edge group, which designs and makes hi-tech measuring equipment used in a range of sectors, said all its geographic areas enjoyed good progress, with growth of 18% in the Americas (revenue of £76.8m), 14% in the Far East (£130.2m), 12% in Europe (£95.7m) and 28% in the UK (£18.9m).

The group said it had benefited from acquisitions. Full story follows later.

 

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