Renishaw increases its 2017 full year dividend by 8.3%

DividendMax Ltd.

Renishaw increases its 2017 full year dividend by 8.3%

HIGHLIGHTS

• Record revenue of £536.8m, with an underlying growth of 14%

• Strong growth in encoder, measurement and automation, calibration and coordinate measuring machine product lines in our metrology business

• Revenue growth in all healthcare product lines

• 25% increase in adjusted profit before tax

• Capital expenditure of £42.6m, providing for future growth

• Headcount increase of 244, including 91 graduates and apprentices

• Strong balance sheet, with cash of £51.9m, compared with £21.3m last year

• Dividend increased by 8.3% to 52.0p

Companies mentioned