Feb 06, 2024 / NTS GMT
Presentation
Feb 06, 2024 / NTS GMT
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Corporate Participants
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* William Lee
Renishaw plc - CEO
* Allen Roberts
Renishaw plc - Group Finance Director
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William Lee - Renishaw plc - CEO
Welcome to Renishaw's results presentation for the first half of financial year 2024. I'm William Lee, Chief Executive, and I'm joined today by Allen Roberts, our Group Finance Director.
I'm going to start by taking us through a review of business performance for the first half of the year. I'm pleased to report another solid performance overall in challenging trading conditions we had a revenue reduction of 5%. But some of this is due to currency headwinds.
If you look at constant currency, revenues were only 2% lower. When we start to look at the segments, then actually, manufacturing technologies revenues were down 6% overall. If we look at what's making this up then what we saw here was solid growth in industrial metrology, most notably really pleasing in our Equator flexible
Half Year 2024 Renishaw PLC Pre-recorded Video Presentation Transcript
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