Finance
Britain's Renishaw projects annual profit, revenue growth; shares jump
Published by Global Banking & Finance Review®
Posted on February 11, 2026
2 min readLast updated: February 11, 2026
Quick Summary
Renishaw's profit rose by 11% due to strong defence and semiconductor demand, reaching £57.5 million, aided by cost-reduction strategies.
Britain's Renishaw projects annual profit, revenue growth; shares jump
Renishaw's Financial Outlook and Market Response
Feb 11 (Reuters) - UK's Renishaw on Wednesday forecast growth in annual profit and revenue, buoyed by sturdy momentum in the second half of fiscal 2026 and strong demand from the semiconductor and defense sectors, sending shares up more than 6%.
The British engineering firm projected full-year revenue between 740 million pounds and 780 million pounds ($1.01 billion-$1.07 billion), with adjusted profit before tax expected to range from 132 million pounds to 157 million pounds.
It reported revenue of 713 million pounds and adjusted profit before tax of 127.2 million pounds for the year ended June 30, 2025.
Projected Revenue and Profit
The semiconductor and defense sectors are experiencing robust growth. AI data centers and autonomous vehicles are driving unprecedented demand for chip-making equipment, while rising global geopolitical tensions have pushed global defense spending to its highest levels since the late Cold War.
Market Reaction to Earnings Forecast
The company's adjusted profit before tax came in at 64.1 million pounds for the six-month period ended December 31, compared with 57.5 million pounds a year earlier.
Sector Growth Drivers
"Whilst we are mindful of ongoing economic and geopolitical uncertainties, our positive momentum has continued in the early part of third quarter, and we are confident of achieving strong growth for the year as a whole," Chief Executive Will Lee said in a statement.
Shares in the Gloucestershire-headquartered firm rose as much 6.3% to 41.30 pounds in morning trade, their highest level since June 2024.
($1 = 0.7304 pounds)
(Reporting by DhanushVignesh Babu in Bengaluru; Editing by Sherry Jacob-Phillips)
Key Takeaways
- •Renishaw reports 11% profit increase.
- •Strong demand from defence and semiconductor sectors.
- •Cost-reduction measures contributed to growth.
- •Adjusted operating profit reached £57.5 million.
- •Comparison with previous year's profit figures.
Frequently Asked Questions about Britain's Renishaw projects annual profit, revenue growth; shares jump
1What is profit?
Profit is the financial gain obtained when the revenue generated from business activities exceeds the expenses, costs, and taxes associated with those activities.
2What is the semiconductor sector?
The semiconductor sector involves companies that design and manufacture semiconductor devices, which are essential components in electronic devices, including computers, smartphones, and other digital products.
3What is adjusted operating profit?
Adjusted operating profit refers to a company's earnings before interest and taxes, adjusted for one-time items or non-recurring expenses, providing a clearer view of ongoing operational performance.
4What is demand?
Demand in economics refers to the desire and ability of consumers to purchase goods and services at various price levels, influencing market dynamics and pricing strategies.
5What are cost-reduction measures?
Cost-reduction measures are strategies implemented by businesses to lower their operational expenses, which can include streamlining processes, renegotiating contracts, or adopting new technologies.
