Full Year 2023 Renishaw PLC Earnings Presentation Pre-recorded Video Presentation Transcript

Feb 14, 2024

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Sep 19, 2023 / 06:00AM GMT
Presentation Pre-recorded Video Presentation
Sep 19, 2023 / 06:00AM GMT

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Corporate Participants
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* Allen C. G. Roberts
Renishaw plc - Group Finance Director & Director
* William Ernest Lee
Renishaw plc - Chief Executive & Director

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William Ernest Lee - Renishaw plc - Chief Executive & Director

Good morning, and welcome to our financial year 2023 results presentation. I'm William Lee, Chief Executive, and I'm joined today by Allen Roberts, our Group Finance Director. I'm going to start by taking a look through some of the financial highlights. Overall, this year, we've seen solid performance in quite challenging trading conditions. Our growth and the positive here is in one of our strategic growth initiatives. This is in our capital equipment sales. So this is sales of high-value metrology systems and also additive manufacturing equipment.

What we have seen counteracting that is the reduction in demand from the semiconductor equipment sector after what

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