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Renishaw Q3 Revenue Rises 14%; Confirms Annual Outlook

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Renishaw plc (RSW.L), an engineering and scientific technology company, on Wednesday reported higher third-quarter revenue, driven by continued demand from semiconductor and electronics manufacturing as well as aerospace and defence markets.

Revenue for the quarter increased 14% to £206 million.

For the nine-month period, revenue rose 9.5% to £571.6 million.

Looking ahead, Renishaw continues to expect full-year revenue in the range of £775 million to £805 million, and adjusted profit before tax between £145 million and £165 million.

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