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Pin to quick picksRenold Share News (RNO)

Share Price Information for Renold (RNO)

London Stock Exchange
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Share Price: 57.00
Bid: 56.20
Ask: 57.00
Change: 1.00 (1.79%)
Spread: 0.80 (1.423%)
Open: 56.00
High: 57.00
Low: 56.00
Prev. Close: 56.00
RNO Live PriceLast checked at -

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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.

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