Renishaw Shares Rise: Reports Record Revenue, Signals Cautious Optimism

Renishaw (LON:RSW) shares jumped on Thursday after the company reported its preliminary results for the year ended June 30, 2025, showcasing record revenue and increased adjusted profit despite persistent challenges in the global market.

Renishaw shares are up around 4% so far in the session.

Revenue reached £713.0 million, a 3.1% increase compared to £691.3 million in FY2024. At constant exchange rates, revenue growth was 3.7%. Operating profit climbed 3.3% to £112.3 million, while profit before tax rose 3.8% to £127.2 million. Earnings per share increased by 3.5% to 137.8 pence, and the proposed full-year dividend saw a 2.5% boost to 78.1 pence.

Shareholders may feel encouraged by the company's strong balance sheet, boasting cash and cash equivalents of £273.6 million, up from £217.8 million the previous year. The company has proposed a final dividend of 61.3 pence per share.

Will Lee, Chief Executive Officer, commented: “I am pleased to report record revenue in FY2025, combined with an increase in adjusted profit before tax in what remain challenging market conditions.”

Lee added that the company expects to achieve further steady revenue growth in the year ahead, driven by structural growth opportunities.

Renishaw is focused on achieving its financial targets over time of high, single-digit average through-cycle revenue growth and adjusted operating profit margins of 20%. To improve its margins, it is continuing to invest in IT transformation and productivity improvements, and it is reducing fixed costs in relation to the size of the business.