Business

Renishaw cuts annual profit forecast on global uncertainties


Engineering agency Renishaw Plc lowered its annual revenue forecast on Tuesday over uncertainties in world commerce and warned of potential disruption to its enterprise from COVID-19 lockdowns in China.

The group stated it expects adjusted revenue earlier than tax of 155 million kilos to 170 million kilos ($200.88 million) for the yr ending June 30.

($1 = 0.8089 kilos)



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