Renishaw

Renishaw Q4 revenue up 27% to £243m

Renishaw reported a record fourth quarter with revenue of about £243 million, up 27% year over year and 18% from the prior quarter, driven by strong demand from semiconductor, electronics manufacturing, aerospace and defense sectors. For the full year, the company guided revenue around £815 million, up 14%, with adjusted operating profit near £152 million and adjusted profit before tax around £167 million as all segments posted growth.