Renishaw ups guidance and introduces surcharge to pass on US tariff costs

  • FTSE 250-listed engineer Renishaw PLC (LSE:RSW) said it is introducing a surcharge to pass on the impact of additional costs from US tariffs. In results for its fiscal third quarter, the group reported revenue of £180.7 million, a 5% year-on-year increase that was an improvement on the 3% growth in the first half.