Edition:
United Kingdom

Precision engineering group Renishaw's Q1 revenue jumps 26 pct


Friday, 20 Oct 2017 

Oct 20 (Reuters) - Renishaw Plc :Q1 REVENUE FROM CONTINUING OPERATIONS ROSE 26 PERCENT TO 142.3 MILLION STG.‍REMAINS CONFIDENT IN FUTURE PROSPECTS AND OF ACHIEVING GOOD GROWTH IN BOTH REVENUE AND PROFIT IN THIS FINANCIAL YEAR​.‍Q1 ADJUSTED PROFIT BEFORE TAX 35.8 MLN STG VERSUS 15.1 MLN STG IN Q1 2016​.‍REVENUE BENEFITED DUE TO A NUMBER OF LARGE ORDERS FROM FAR EAST CUSTOMERS IN CONSUMER ELECTRONICS MARKETS​.