Renishaw raised FY26 revenue forecast to £775‑£805 million, up 4% from prior guidance.
Adjusted profit before tax forecast lifted to £145‑£165 million, a 7% increase, implying 21.4% H2 margin.
Shares surged over 7% on the news, trading at 4,166 pence, within a 52‑week range of 2,100‑4,440 pence.
Jefferies maintains a “hold” rating with a 3,450 pence target, noting strong operating leverage and a valuation gap to Oxford Instruments.