Renishaw plc (RSW.L), an engineering and scientific technology company, on Monday raised its full-year guidance, now expecting revenue to be in the range of £775 million to £805 million, up from its earlier forecast of £740 million to £780 million.
Adjusted profit before tax is now projected between £145 million and £165 million, compared with the previous range of £132 million to £157 million.
The company said demand has been particularly strong since its half-year results, driven by the semiconductor and electronics manufacturing equipment, as well as aerospace and defence sectors, leading to a substantial expansion of its order book.
Renishaw said it will provide a further update on revenue performance for the period to March 31, 2026, on May 6.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.