Half Year 2024 Renishaw PLC Pre-recorded Video Presentation Transcript
Welcome to Renishaw's results presentation for the first half of financial year 2024. I'm William Lee, Chief Executive, and I'm joined today by Allen Roberts, our Group Finance Director.
I'm going to start by taking us through a review of business performance for the first half of the year. I'm pleased to report another solid performance overall in challenging trading conditions we had a revenue reduction of 5%. But some of this is due to currency headwinds.
If you look at constant currency, revenues were only 2% lower. When we start to look at the segments, then actually, manufacturing technologies revenues were down 6% overall. If we look at what's making this up then what we saw here was solid growth in industrial metrology, most notably really pleasing in our Equator flexible
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
