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Renishaw increases its 2018 final dividend by 15%

Investment Tools Ltd.
Renishaw increases its 2018 final dividend by 15%

Renishaw 2018 Final Results

Record revenue of £611.5m, with growth at constant exchange rates of 18%

• Revenue growth in all metrology product lines, with strong growth in measurement and automation, co-ordinate measuring machine, machine tool and additive manufacturing product lines

• Revenue growth in all healthcare product lines, with strong growth in our neurological product line

• Record adjusted profit before tax of £145.1m, with growth of 33%

• Healthcare business achieves profit for the first time, with adjusted profit before tax of £0.3m (2017: £7.2m loss)

• Capital expenditure of £34.9m, providing for future growth

• Headcount increase of 332, including 122 graduates and apprentices

• Strong balance sheet, with cash of £103.8m, compared with £51.9m last year

• Dividend increased by 15% to 60.0p

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