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 provide customers and end users with 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
While our vision sets our direction, our strategy is our route to getting there.
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 make the products, create the materials, and develop the therapies that are going to be needed for the future.
We believe that our purpose is incredibly relevant in todays 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
£691.3m
(2023: £688.6m)
Adjusted profit before tax
£122.6m
(2023: £141.0m)
Statutory profit before tax
£122.6m
(2023: £145.1m)
Total dividend for the year
76.2p
(2023: 76.2p)
Graduates and apprentices employed
366
(2023: 343)
Research and development investment
£71.1m
(2023: £72.5m)