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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Renishaw Plc | LSE:RSW | London | Ordinary Share | GB0007323586 | ORD 20P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| -55.00 | -1.34% | 4,045.00 | 4,070.00 | 4,080.00 | 4,105.00 | 4,055.00 | 4,055.00 | 84,238 | 16:35:29 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Electrical Machy, Equip, Nec | 688.57M | 116.1M | 1.5966 | 25.49 | 2.96B |
From Apr 2019 to Apr 2024
TIDMRSW
RNS Number : 3388T
Renishaw PLC
17 July 2020
Renishaw plc
Trading Update
17 July 2020
Renishaw plc, the global high-precision metrology and healthcare technology group, publishes this trading update for the financial year ended 30 June 2020. It contains unaudited information that covers the financial year and the period since.
Full year revenue is expected to be around GBP510m, with adjusted profit before tax of around GBP50m.
Statutory profit before tax is expected to be around GBP4m, compared with the GBP31m to GBP41m range published in our trading update of 12 May 2020. Items included in statutory profit before tax that are excluded from adjusted profit before tax are:
-- restructuring costs of approximately GBP24m following the reorganisation and rationalisation of certain operations, particularly related to our additive manufacturing business; and
-- approximately GBP22m of fair value losses of financial instruments not eligible for hedge accounting. There was no impact on the group net assets, cash balances or future cash flows resulting from these losses.
In light of the pandemic, the Board has focused on cash preservation and the Group balance sheet remains strong.
We can now confirm that the preliminary results for the year ended 30 June 2020 will be released on 13 August 2020.
Allen Roberts
Group Finance Director
17 July 2020
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Renishaw plc
Registered office: New Mills, Wotton-under-Edge, Gloucestershire,
GL12 8JR
Registered number: 01106260, England and Wales
LEI number: 21380048ADXM6Z67CT18
Telephone: +44 (0)1453 524524
Website: www.renishaw.com
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
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(END) Dow Jones Newswires
July 17, 2020 03:06 ET (07:06 GMT)
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