Renold delivers record adjusted profits, strong cash generation
Renold has announced FY25 revenue of £245.1m, up 1.5% year on year (3.9% at constant exchange rates), with adjusted operating profit rising 11.4% to £32.2m and adjusted EPS up 15.4% to 9.0p.
Renold and Bidco agree recommended all-cash scheme
Renold’s board has agreed a recommended all-cash acquisition by Bidco via a court-sanctioned scheme, with scheme and general meetings scheduled for 28 July 2025.
Renold acquires Ognibene for €10m, expanding Southern Europe presence
Renold has acquired Italian chain manufacturer Ognibene S.p.a. for €10 million, enhancing access to the Southern European market and immediately boosting earnings. The deal supports operational synergies and future growth.
Renold declares 3p interim preference dividend
Renold Plc (LON:RNO) announces a half-yearly preference dividend of 3 pence per unit for its 6% cumulative stock, payable on July 1, 2025.
Renold expands credit facilities to support growth strategy
Renold plc (LON:RNO) has successfully refinanced its banking facilities, extending them to May 2028, ensuring robust funding for strategic growth initiatives.
Renold reports third consecutive year of record performance
Renold plc (LON:RNO) reports strong growth in its trading update for FY25, showcasing record profits and revenue amid evolving international trade dynamics.
Renold plc Record Results, Strategic Acquisitions, and Future Growth with CEO Robert Purcell (VIDEO)
Renold plc CEO Robert Purcell discusses the company’s record interim results, strategic acquisitions, and innovations, highlighting growth and resilience.
Renold reports stable interim results and strategic progress
Renold plc reports a robust interim financial performance, with a 0.6% revenue increase at constant currency and a 10.5% rise in adjusted EPS.
Renold to host Analyst Briefing and Investor Presentation
Renold plc (LON:RNO) to unveil interim results on 20 Nov 2024, with analyst and investor presentations via Zoom. Register now for insights and Q&A.
Renold reports good trading performance, with strong order book
Renold strengthens North American conveyor chain offering with MAC Chain acquisition
Renold publishes 2024 Annual Report and Accounts
Renold plc (LON:RNO) has released its annual report for the year ending 31 March 2024, and announced its AGM set for 10 September 2024 in Manchester.
Renold CEO on financial performance, dividend resumption & division successes (LON:RNO)
Renold plc CEO Robert Purcell discusses their strong financial results, dividend resumption, division performances, and Davidson Chain acquisition in this exclusive interview.
Renold Plc CEO Robert Purcell Reveals Record-Breaking Profits and Exciting Future Plans (VIDEO)
Renold Plc reports record trading performance & significant earnings growth
Renold plc (LON:RNO) announces its audited financial results for the year ending 31 March 2024, highlighting a 22.7% rise in adjusted operating profit.
Renold plc Live presentation and Q&A session
Renold plc (LON:RNO) will host a live presentation and Q&A session for investors on 17 July 2024, coinciding with its annual results release. Register now to attend.
Renold renews partnership with British Cycling until 2027
Renold plc renews partnership with British Cycling until 2027, providing bespoke bike chains for the Great Britain Cycling Team. Exciting innovations ahead! 🚴♂️🥇 #Renold #BritishCycling
Renold plc secures contract with Royal Canadian Navy, worth £10.6 million
Renold plc secures £10.6 million contract to manufacture flexible couplings for Canadian Surface Combatant ships, expanding military order book by £13.1 million. CEO Robert Purcell expresses excitement for collaboration with Irving Shipbuilding Inc.
Renold Trading Update FY24 results to exceed market expectations
Renold plc (LON:RNO) provides a positive trading update for FY24, with results expected to exceed market expectations. Increased profit and strong order intake signal growth.
Rentokil Initial appoints Brad Paulsen as its North America CEO
