Renishaw cuts annual benefit forecast on international uncertainties

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Would possibly 10 (Reuters) – Engineering company Renishaw % (RSW.L) decreased its annual benefit forecast on Tuesday over uncertainties in international business and warned of attainable disruption to its industry from COVID-19 lockdowns in China.

The gang mentioned it expects adjusted benefit earlier than tax of 155 million kilos to 170 million kilos ($200.88 million) for the 12 months finishing June 30.

($1 = 0.8089 kilos)

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Reporting via Muhammed Husain in Bengaluru;
Enhancing via Vinay Dwivedi

Our Requirements: The Thomson Reuters Believe Ideas.

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