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.