Renold Plc reports record trading performance & significant earnings growth

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

£m20242023ChangeChange (constant currency)1
Revenue241.4247.1-2.3%+0.9%
Adjusted operating profit229.724.2+22.7%+27.3%
Return on sales212.3%9.8%+250bps+260bps
Adjusted profit before tax222.118.6+18.8%
Net debt324.929.8
Adjusted earnings per share27.8p6.5p+20.0%
Ordinary dividend per share0.5p– 
Additional statutory measures 
Operating profit30.522.9+33.2%
Profit before tax22.917.3+32.4%
Basic earnings per share8.3p5.7p+45.6%
Click to view all articles for the EPIC:
Or click to view the full company profile:
    Facebook
    X
    LinkedIn

    More articles like this

    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 (Constantcurrency)1 £m

    Renold to host Analyst Briefing and Investor Presentation

    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

    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 publishes 2024 Annual Report and Accounts

    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 renews partnership with British Cycling until 2027

    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’s reports strong financial performance

    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

    Concurrent Technologies plc

    Renold plc Acquire Davidson Chain PTY for AU$6 million

    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

    Concurrent Technologies plc

    Renold 2023 publishes Annual Report and Accounts

    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