Renishaw (RSW) Q1 2027 TU earnings summary

Executive summary

• Record FY2027 Q1 revenue of £251.8m, up 47% YoY at actual exchange rates and 48% at constant exchange rates; 3% above FY2026 Q4.

• Growth accelerated across all three segments and regions, supported by semiconductor, aerospace and defence demand and broader industrial activity.

Financial highlights

• Group revenue was £251.8m versus £170.8m in FY2026 Q1; constant-currency revenue was £248.4m versus £167.5m.

• Q1 was a record quarter; revenue was 3% above FY2026 Q4 revenue of £244.2m.

Outlook and guidance

• Strong progress in revenue and operating margin remains expected for FY2027 as a whole.

• Demand in semiconductor, aerospace and defence remains strong, with wider automation investment adding momentum.