Renishaw posts record quarterly sales amid continued demand momentum

Renishaw PLC on Thursday reported strong year-on-year growth in all three business segments, and all three regions, in the first quarter of its financial year.

Shares in the Gloucestershire, England-based provider of manufacturing technologies, analytical instruments, and medical devices were up 3.0% at 5,510.00 pence each in London on Thursday, and have risen 48% in the last 12 months.

Renishaw said revenue at actual exchange rates was 47% higher at £251.8 million in the three months ended September 30 from £170.8 million a year ago.

This was a "record" quarter, surpassing the fourth quarter's £243 million by 3.6%, the firm noted.

At constant exchange rates, revenue rose 48% on-year. At CER growth was 29% in Industrial Metrology, 85% in Position Measurement and 50% in Specialised Technologies.

Renishaw highlighted continued momentum in demand from customers in the semiconductor and the aerospace and defence sectors, with growth also coming through in wider automation and industrial markets.

"We have seen a strong start to FY2027", and "we continue to expect strong progress on revenue and operating margin for FY2027 as a whole", the firm said.

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