Renishaw announces record end-of-year results for 2012

In its latest set of results Renishaw has reported record levels of revenue and profit for the year ended 30 June 2012, with total group revenue for the year standing at £331.9m — 15 per cent ahead of that seen in 2011.

Group profit before tax for the year increased by seven per cent to £86.0m, Renishaw reported. The figure stood at £80.4m in 2011 (excluding a £1.7m exceptional item).

The company revealed that adjusted earnings per share were 95.6p — an increase of eight per cent over 2011, when the figure stood at 88.5p; reported earnings per share for the year were 95.6p — 90.8p in 2011.

The Renishaw board is optimistic regarding the group’s future and prospects in 2013.