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Engineering & Manufacturing Semiconductors Renishaw Chipmakers

Renishaw shares rose after guidance reaffirmation

In a trading update for the nine months to 31 March, Renishaw said it expects full-year revenue of £775m–£805m and adjusted profit before tax of £145m–£165m, after reporting record Q3 revenue.

by tickstock newsroom
A technician operates a precision measuring machine in a laboratory setting, focusing on a metal workpiece. The scene highlights the intersection of technology and engineering in a quality control process. aiImage created using AI — ChatGPT

Renishaw (LSE:RSW) shares rose 2.9% to 4,996p after the group reaffirmed FY2026 revenue and adjusted profit guidance following a record Q3.

Total 9M revenue rose 9.5% at actual exchange rates to £571.6m and 13.5% at constant exchange rates, with Q3 revenue a record £206m, up 14.0%, and the company said order books expanded substantially, particularly in semiconductor & electronics manufacturing and aerospace & defence.

By division, Renishaw said Industrial Metrology was 7.7% higher at constant FX driven by emerging metrology systems (including Equator‑X) and machine calibration demand; Position Measurement was 21.6% higher with strong open optical and magnetic encoder sales and early ASTRiA inductive encoder orders; and Specialised Technologies grew 24.5% with significantly higher metal additive manufacturing system sales.

Regionally, 9M revenue rose in all three regions with strong constant‑currency growth in the Americas and APAC and a Q3 recovery in EMEA, and the group flagged tight supply chains for certain semiconductors and critical materials plus higher global logistics costs linked to the Middle East conflict while saying it does not expect a material operational impact for the remainder of the financial year.

Renishaw will host its Capital Markets Day in London with a live webcast on 16 June covering strategic progress and its Additive Manufacturing business.

by tickstock newsroom