Renishaw announces increase in revenues

UK engineering company Renishaw has announced that, for the year ended 30 June 2010, revenues amounted to £181.6m − a 57 per cent increase from the comparable period in 2009 and a 46 per cent increase over revenues in the first half of the year.

Group operating profit for the year was £28.1m, compared with a prior-year profit of £6m.

Adjusted earnings per share were £0.32, compared with £0.9 last year.