Understanding Renishaw
What we do
We are a world leader in measuring and manufacturing systems. Our products give high accuracy and precision, gathering data to give customers and end users traceability and confidence in what they're making. This technology also helps our customers to innovate their products and processes.
How we do it
Our vision is to innovate and transform the capabilities of our customers and end users through unparalleled levels of:
- Precision
- Productivity
- Practicality
Our ambition is to be a manufacturing technology powerhouse, generating long-term organic growth with sustained profitability while doing business responsibly and creating value for all our stakeholders.
Our strategy supports our sustainable long-term growth by ensuring we have the agility and resources to identify and respond to opportunities in our markets.
Our purpose, vision and strategy are supported by our values of innovation, inspiration, integrity and involvement. These values guide the way we behave and the decisions we make, both as a business and as individual employees.
Why we do it
We are guided by our purpose: Transforming Tomorrow Together
This means working with our customers to create the products and materials that will define our world in the decades to come, and touch billions of lives.
We believe that our purpose is incredibly relevant in today's environment where the pace of change in technology is faster than ever. We also know that the future will be a world of scarce resources, needing high-performance, intelligent, personalised solutions that make the best use of these resources. Our expertise can help deliver this.
Financial and operational highlights
Revenue
£713.0m
(2024: £691.3m)
Adjusted profit before tax
£127.2m
(2024: £122.6m)
Statutory profit before tax
£118.0m
(2024: £122.6m)
Total dividend for the year
78.1p
(2024: 76.2p)
Graduates and apprentices employed
373
(2024: 366)
Research and development investment
£71.1m
(2023: £72.5m)