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RSW

Renishaw

Electronic & Electrical Equipment

Index
FTSE 250
ISIN
Not specified
Book status
2026 edition — current
01

Company summary

Renishaw is a high-precision engineering and technology company producing metrology systems, position encoders, additive-manufacturing equipment and specialist healthcare technologies. Its products are used where extremely accurate measurement and control are required.

02

Key activities

Industrial metrology, machine-tool probes, position measurement, calibration, additive manufacturing, spectroscopy and specialist neurological and medical technology.

03

Key markets

Global advanced manufacturing, particularly semiconductors, electronics, aerospace, automotive, precision engineering and healthcare, with major exposure to China, the US and Europe.

04

Key drivers

Semiconductor and electronics investment, factory automation, aerospace demand, new product adoption, manufacturing capital expenditure, operating margins and currency movements.

05

Key risks

Cyclical capital spending, semiconductor downturns, China exposure, currency movements, export controls, high R&D requirements and dependence on specialist manufacturing customers.

06

Recent Developments

5 May 2026: nine-month revenue reached £571.6m, up 9.5% reported and 13.5% at constant currency, with a record £206m third quarter. Full-year FY2026 guidance was raised to revenue of £775-805m and adjusted profit before tax of £145-165m; semiconductor, aerospace and automation demand remain key into FY2027.

07

Dividend notes

Renishaw has maintained a substantial dividend while preserving a strong balance sheet. The FY2026 interim dividend was 16.8p per share, paid on 7 April 2026; the prior FY2025 final dividend was 61.3p.

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