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Semiconductors Aerospace & Defence Renishaw Chipmakers

Renishaw posts record fourth-quarter revenue as full-year profit beats forecasts

The precision engineering group said full-year profit will come in ahead of expectations after fourth-quarter revenue hit a record £243m.

by tickstock newsroom
The image depicts precision measurement equipment used in a manufacturing setting. A Renishaw probe is poised over a machined metal part, showcasing advanced metrology techniques in action. aiImage created using AI — ChatGPT

Renishaw (LSE:RSW), the precision measurement and healthcare technology group, said fourth-quarter revenue reached approximately £243m, up 27% year-on-year and 18% above the third quarter.

The company said growth accelerated through the year, with strong demand from customers in semiconductor and electronics manufacturing equipment, and from aerospace and defence.

Renishaw expects full-year revenue of approximately £815m for the year ended 30 June, up 14% on the prior year.

All three of its business segments grew, with the company citing particularly strong progress at its Specialised Technologies and Position Measurement divisions. The company expects full-year adjusted operating profit of approximately £152m, with adjusted profit before tax of approximately £167m, up 31% on the prior year.

Renishaw will report full-year results on 23 September, in a statement signed by chief executive William Lee and chief financial officer John Shipsey.

News Intelligence what this means for the company

Renishaw reported record fourth-quarter revenue of £243m (27% YoY growth) and raised full-year profit guidance, with adjusted operating profit expected to reach £152m—31% above the prior year. The acceleration was driven by strong demand from semiconductor, electronics manufacturing equipment, aerospace and defence customers, with all three business segments contributing to growth.

Investment case

The 31% profit growth significantly outpaces the 14% revenue growth, signalling improving operational leverage and margin expansion. This beat-and-raise dynamic—combined with accelerating quarterly momentum—suggests the company is capturing structural demand tailwinds in its end markets rather than facing cyclical headwinds.

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Content is for informational purposes only, not financial advice.

by tickstock newsroom