Renishaw increases 2014 full year dividend by 3%

DividendMax Ltd.

Renishaw increases 2014 full year dividend by 3%


• Record revenue of £355.5m (2013: £346.9m).

• Record quarterly revenue of £107.0m achieved in final quarter.

• Strong demand for our 3D metal additive manufacturing, measurement automation and encoder products.

• New product releases during the period include the SPRINT™ high speed contact scanning system for machine tools and ATOM™ encoder readhead.

• USA FDA clearance to market the neuromate® stereotactic robotic system. 

• Continued investment in research and development, production and marketing infrastructure.

• Capital expenditure of £39.2m, including construction of 153,000 sq ft at New Mills, purchase of buildings in Germany and in China.

• 17th Queen's Award for Raman inVia microscope.

• Sale of shareholding in Delcam plc for £32.0m.

• Strong balance sheet, with cash of £43.6m.

• Final dividend of 29.87 pence per share.

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