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Pin to quick picksRenold Share News (RNO)

Share Price Information for Renold (RNO)

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Share Price: 37.50
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IN BRIEF: Renold Shares Rise 10% As Hails "Resilient" Interims

Wed, 11th Nov 2020 14:43

Renold PLC - Manchester-based supplier of industrial chains and related power transmission products - Revenue in six months ended September 30 down 17% year-on-year to GBP81.5 million from GBP98.2 million. Pretax profit drops 20% to GBP2.8 million from GBP3.5 million from a year earlier. Says first-half performance was "resilient" in the face of Covid-19 pandemic. "The tight focus on cost and cash management in the first half has created a platform from which we can manage through short-term disruption," Says Chief Executive Robert Purcell.

Current stock price: 12.00, up 10% on Wednesday

Year-to-date change: down 33%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

More News
15 Nov 2023 10:38

Renold interim profit soars on revenue growth and cost cuts

(Alliance News) - Renold PLC on Wednesday said profit growth in the first half of its financial year soared amid progress in cost reduction plans.

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8 Nov 2023 15:46

UK earnings, trading statements calendar - next 7 days

Thursday 9 November 
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S4 Capital PLCTrading Statement
Tate & Lyle PLCHalf Year Results
Taylor Wimpey PLCTrading Statement
TBC Bank Group PLCQ3 Results
TheWorks.co.uk PLCTrading Statement
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WH Smith PLCFull Year Results
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Friday 10 November 
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Monday 13 November 
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Tuesday 14 November 
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Babcock International Group PLCHalf Year Results
Bank of Georgia Group PLCQ3 Results
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ConvaTec Group PLCTrading Statement
DCC PLCHalf Year Results
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Hill & Smith PLCTrading Statement
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Picton Property Income LtdHalf Year Results
Renalytix PLCQ1 Results
Vesuvius PLCTrading Statement
Vodafone Group PLCHalf Year Results
Wise PLCHalf Year Results
Wednesday 15 November 
Aviva PLCTrading Statement
Diversified Energy Co PLCTrading Statement
Experian PLCHalf Year Results
Fuller, Smith & Turner PLCHalf Year Results
Genuit Group PLCTrading Statement
Intermediate Capital Group PLCHalf Year Results
Melrose Industries PLCTrading Statement
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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5 Sep 2023 12:13

Renold forecasts better than expected final results on strong trading

(Alliance News) - Renold PLC on Tuesday reported strong trading for the first four months of the year ending March 31, and forecasts its full-year results to be higher than originally expected.

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5 Sep 2023 07:42

Renold posts strong first-quarter performance

(Sharecast News) - Renold reported strong financial performance in the first quarter in a trading update on Tuesday.

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1 Sep 2023 18:01

Renold buys assets of Melbourne distributor of conveyor chain Davidson

(Alliance News) - Renold PLC on Friday said it bought the trading assets of Davidson Chain PTY for AUD6 million.

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1 Sep 2023 08:21

Renold snaps up Australian chain maker Davidson for £3.1m

(Sharecast News) - Renold, the AIM-listed supplier of industrial chains, has announced it is spending AU$6m (£3.1m) to buy Melbourne-based high-quality conveyor chain (CVC) maker Davidson Chain.

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29 Aug 2023 15:45

UK shareholder meetings calendar - next 7 days

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Monday 4 September 
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Renold PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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13 Jul 2023 14:28

EXTRA: Renold remains resilient as revenue rises, but denies dividend

(Alliance News) - Renold PLC remained resilient against macroeconomic challenges, results published on Wednesday showed, as it saw jumps in both revenue and profit.

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12 Jul 2023 10:07

Renold annual profit up and expects "less challenging" year ahead

(Alliance News) - Renold PLC on Wednesday celebrated a strong performance over the last financial year, as it enjoyed boosts to both revenue and profit, though it decided against a dividend.

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12 Jul 2023 08:55

Renold reports strong growth as net debt widens

(Sharecast News) - Industrial chains and transmission products supplier Renold reported significant growth in its final results on Wednesday, with revenue jumping 26.6% to £247.1m.

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5 Jul 2023 15:43

UK earnings, trading statements calendar - next 7 days

Thursday 6 July 
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Equals Group PLCTrading Statement
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PayPoint PLCFull Year Results
Robert Walters PLCTrading Statement
Victrex PLCTrading Statement
Workspace Group PLCTrading Statement
Friday 7 July 
MJ Gleeson PLCTrading Statement
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Eco Animal Health Group PLCFull Year Results
Tuesday 11 July 
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D4t4 Solutions PLCFull Year Results
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Synectics PLCHalf Year Results
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Velocity Composites PLCHalf Year Results
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Grafton Group PLCTrading Statement
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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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9 May 2023 14:36

IN BRIEF: Renold extends facilities to 2026, to GBP85.0 million

Renold PLC - Derby, England-based supplier of industrial chains and power transmission products - Extends core banking facilities with new facilities for initial three-year term to May 2016 from original maturity in April 2024. New facilities have option to extend term for further two years. Increases amount to new GBP85.0 million multi-currency revolving credit facility, up from GBP61.5 million. There is also a GBP20.0 million accordion option for additional funding in support of its acquisition programme. Facilities will be provided by its existing banks HSBC Holdings PLC, Allied Irish Banks and Citibank, alongside the addition of Banco Santander SA.

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17 Apr 2023 10:46

AIM WINNERS & LOSERS: DeepVerge plunges on accounting bungle

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.

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17 Apr 2023 10:35

Renold shares jump as profit ahead of previously upgraded expectations

(Alliance News) - Renold PLC shares jumped on Monday, after it said it expects annual results to be ahead of previously upwardly revised market expectations.

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17 Apr 2023 08:02

Renold FY profits seen 'materially ahead' of upwardly revised expectations

(Sharecast News) - Industrial chains supplier Renold said on Monday that the "strong momentum" in its performance experienced in the first nine months of the year had continued through the final quarter and said it now sees full-year profits coming in ahead of previous guidance.

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