Renold reports stable interim results and strategic progress

Renold plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, has announced its interim results for the six month period ended 30 September 2024.

Financial summary	Half year ended			Change (Constant currency)¹
£m	30 September 2024	30 September 2023	Change	Change (Constant currency)¹
Revenue	123.4	125.3	(1.5)%	+0.6%
Adjusted operating profit²	15.2	15.0	+1.3%	+4.0%
Return on sales²	12.3%	12.0%	+30bps	+40bps
Adjusted profit before tax²	11.3	11.3	–
Net debt³	42.2	28.3
Adjusted earnings per share²	4.2p	3.8p	+10.5%

Additional statutory measures
Operating profit	13.4	16.2	(17.3)%
Profit before tax	9.5	12.5	(24.0)%
Basic earnings per share	3.3p	4.4p	(25.0)%

Click to view all articles for the EPIC: RNO
Or click to view the full company profile:

Renold plc Record Results, Strategic Acquisitions, and Future Growth with CEO Robert Purcell (VIDEO)

21st November 2024

Renold plc (LON:RNO) CEO Robert Purcell joins DirectorsTalk Interviews to discuss interim results for the six month period ended 30 September 2024. In this discussion with Renold plc’s Chief Executive Officer, Robert Purcell, we explore the company’s

Renold to host Analyst Briefing and Investor Presentation

11th November 2024

Renold plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, will announce its interim results for the six months ended 30 September 2024 on Wednesday 20 November 2024. An analyst meeting will take

Renold reports good trading performance, with strong order book

10th September 2024

Renold plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, is pleased to provide a trading update covering the five months ended 31 August 2024 ahead of the Company’s annual general meeting

Renold strengthens North American conveyor chain offering with MAC Chain acquisition

10th September 2024

Renold plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, has announced that it has acquired the trade and net assets of MAC Chain Company Ltd (U.S.) and the entire issued share

Renold publishes 2024 Annual Report and Accounts

12th August 2024

Renold plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, has announced that it has posted to shareholders its annual report and accounts for the year ended 31 March 2024, together with

Renold CEO on financial performance, dividend resumption & division successes (LON:RNO)

30th July 2024

Renold plc (LON:RNO) Chief Executive Officer Robert Purcell caught up with DirectorsTalk for an exclusive interview to discuss a strong set of results, dividend payment, performance of each division, the Davidson Chain acquisition, what investors can

Renold Plc reports record trading performance & significant earnings growth

17th July 2024

Renold plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, has announced its audited results for the year ended 31 March 2024. Financial highlights £m 2024 2023 Change Change (constant currency)1 Revenue

Renold renews partnership with British Cycling until 2027

17th May 2024

Renold plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, has announced that it has renewed its successful partnership with British Cycling for a further three years, which will see Renold continue

Renold plc secures contract with Royal Canadian Navy, worth £10.6 million

1st May 2024

Renold plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, has announced that Renold Couplings, part of the Company’s Torque Transmission division, has been awarded a contract to manufacture flexible couplings for

Renold Trading Update FY24 results to exceed market expectations

15th April 2024

Renold plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, has provided a trading update for the year ended 31 March 2024, ahead of the announcement of the Company’s preliminary results for

Renold CEO on performance beating last year’s record numbers (LON:RNO)

29th November 2023

Renold’s Robert Purcell discusses the business model, a strong set of results, an exceptional start for the TT division, the Davidson Chain performance and what investors can expect from the group for the rest of the year in this exclusive interview with DirectorsTalk.

Renold plc declares half yearly payment of preference dividend

22nd November 2023

Renold Plc (LON:RNO) has announced that the Board has declared the half yearly payment of the preference dividend in accordance with the terms of the 6 per cent. cumulative preference stock of £1.00 each, equal to 3

Renold Plc reports strong growth: CEO Highlights Record Profits and Outlook in Latest Interim Results (VIDEO)

17th November 2023

Renold Plc (LON:RNO) CEO Robert Purcell joins DirectorsTalk Interviews to discuss its interim results for the period ended 30th September 2023. In this interview, Robert discusses Renold’s recent interim results for the six-month period ending 30th September

Renold plc Strategic and operational progress driving record earnings growth

15th November 2023

Renold Plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, has announced its interim results for the six month period ended 30 September 2023. Financial summary Half year ended Change %(Constantcurrency)1

Renold’s reports strong financial performance

5th September 2023

Renold plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, has provided a trading update covering the four months ended 31 July 2023 ahead of the Company’s annual general meeting being

Renold plc Acquire Davidson Chain PTY for AU$6 million

1st September 2023

Renold Plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, has announced that it has acquired the trading assets of Davidson Chain PTY for a total cash consideration of AU$6 million. Highlights

Renold 2023 publishes Annual Report and Accounts

7th August 2023

Renold plc (LON:RNO), a leading international supplier of industrial chains and related power transmission products, has announce that it has posted to shareholders its annual report and accounts for the year ended 31 March 2023, together

Renold looking forward with optimism to the year ahead (LON:RNO)

18th July 2023

Renold’s Robert Purcell discusses final results, significant revenue growth, performance of the YUK acquisition, further acquisitions and how the company is positioned to deal with any challenges ahead in this exclusive interview with DirectorsTalk.

Be sure to check our sister interview main ratings news website