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雷尼沙reports preliminary financial results for 2019, experiences strong growth in additive manufacturing

British engineering firm and metal 3D printer manufacturer雷尼沙据报道,其2019财年的初步财务业绩。报告的标题收入为5.74亿英镑,低6%或以恒定汇率降低7%,比2018财年的总收入低7.1115亿英镑。

尽管亚太地区仍然是公司的strongest earner, this region experienced a 19 percent decrease in revenue across the year, from £289.2 million in FY2018 to £240.1 million for FY2019. The UK provided the company with its strongest year on year growth, increasing 11 percent to £34.1 million in FY2019 from £30.6 million in FY2018. The Americas also provided strong growth, with a revenue of £132.6 million in FY2019 compared to £126.6 million in FY2018.

Region 2019
£m
2018
£m
Change
%
恒定FX更改%
APAC 240.1 289.2 -17 -19
EMEA 167.2 165.1 1 2
美洲 132.6 126.6 5 1
UK 34.1 30.6 11 11
Total Group revenue 574 611.5 -6 -7

In particular, the company has experienced strong growth in its Additive Manufacturing product line where its core Metrology business has reported a 7 percent decrease in revenue to £532.9 million, partly drive by the performance in the APAC region. Renishaw’s Healthcare business has also experienced good growth, increasing 15 percent compared to FY2018 to £3.1 million for FY2019. Both Additive Manufacturing and Healthcare segments will be key areas of development for the company’s future growth strategy.

评论结果Will Lee, Renishaw’s former Sales and marketing director who became company CEO in January 2018, said “From a positive point of view across the board, what we do see in all the regions there’s no real erosion in our customer base and actually some good longer-term metrics that we’re pleased with in terms of gaining market share increasing product fitment rate and the strength for the future.”

The future of additive manufacturing at Renishaw

First and foremost a measuring and metrology specialist, Renishaw has leveraged this expertise to expand in a number of different markets. Its current product range encompasses several different lines including precision measurement and process control, position and motion control, healthcare, additive manufacturing and rapid prototyping.

In additive manufacturing, on the FY2019 conference call Lee explained that one of the things that is driving sales of its machines is productivity, “which comes through,” he explains, “as making sure the cost of part is effective and really then the process stability and part quality.”

“Numerous markets are opening up for this,” Lee adds, identifying aerospace, healthcare and tooling as the most mature in the adoption of 3D printing. Enhacing machine productivity at Renishaw has been partly influenced by a movement from a single to a quad laser system, the500Q, launched by the company in 2017. Looking to reduce the cost of producing a part via 3D printing, the company has also made upgrades to itsInfiniamSpectralsoftware. The main goal of this upgrade, as outlined by Lee, is to integrate more certification into the additive manufacturing process itself instead of post build.

Infiniam光谱屏幕截图显示3D数据显示。图片通过Renishaw。
InfiniamSpectral software. Image via Renishaw.

在董事会对业务面临的主要风险和不确定性的评估中,它指出:“该集团正在运用其测量专业知识来发展其
医疗保健和添加剂制造业务活动,雷电竞充值” Renishaw执行董事长David McMurtry的一份声明中的这一点:

“Innovation drives our business, from the generation of new technologies to new manufacturing processes. In my role as Executive Chairman, I have enjoyed the opportunity to focus on Group innovation and product strategy, supporting our talented engineering teams,”

“这包括我们的工业计量学和添加剂制造技术,在这里有令人兴奋的未来增长机会。”雷电竞充值

作为总部位于英国的企业,雷尼沙还采取了战略措施,以确保公司及其客户的安全,鉴于英国即将退出欧盟。在2019财年,这项活动包括在爱尔兰建立一个新的分销仓库,以及在欧盟和英国持有的库存的普遍增加。

Profits and cash at year end

Of the £574 million revenue generated by Renishaw in FY2019, the company made a gross profit of £284.1 million compared to £326.6 million in gross profit in FY2018. Operating profit for FY2019 was reported at £99.8 million for FY2019, compared to £153.2 million in FY2018. The company’s total profit for the year after tax is $92.2 million.

The company ends FY2019 with £106.8 million in cash and cash equivalents, having started the year with £103.8 million.

Renishaw 2019财年的完整财务业绩可以在这里访问。

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Featured image shows an aircraft assembly part from Kwikbolt. Photo via Renishaw.