Precision tool maker Renishaw posted a 7 per cent increase in annual pre-tax profit, boosted by strong demand across all its markets for its precision measuring products.
The Gloucestershire based firm, whose equipment is used by dentists and for metal cutting, said adjusted pre-tax profit rose to £86m for the year ended 30 June 2012 from £80.4m the previous year. Revenue increased 15 per cent to £331.9m as all its markets logged double digit growth.
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