Company Background |
Primary Country Listing |
GBR |
Sector: |
Diversified Industrials |
Activities: |
Renold PLC is an engineering group delivering engineering products and solutions. The Company manufactures and sells power transmission and conveyor chain and also includes sales of torque transmission product. |
EPIC |
RNO |
Group Five Year Financial Review - (unaudited)
|
2024 £m |
2023 £m |
2022 £m |
2021 £m |
2020 £m |
Group revenue |
241.4 |
247.1 |
195.2 |
165.3 |
189.4 |
Adjusted operating profit |
29.7 |
24.2 |
15.3 |
11.4 |
13.4 |
Operating profit |
30.5 |
22.9 |
16.2 |
10.7 |
10.1 |
Profit before tax Taxation |
22.9 (5.8) |
17.3 (5.5) |
12.4 (2.2) |
6.1 (1.5) |
4.9 (1.5) |
Profit for the year from continuing operations3 |
17.1 |
11.8 |
10.2 |
4.6 |
3.4 |
Capital employed
Tangible and intangible fixed assets Right-of-use assets Lease liabilities
Working capital and other net assets |
67.6 15.1 (15.1) 46.4 |
67.7 16.5 (20.3) 45.9 |
54.4 8.0 (12.0) 30.4 |
53.0 10.7 (15.4) 31.2 |
60.1 11.9 (17.1) 40.2 |
Operating assets
Goodwill Deferred and current taxation Provisions |
114.0
29.3 (4.5) (6.6) |
109.9
28.2 (2.0) (5.0) |
80.8
22.7 8.4 (4.0) |
79.5
21.7 10.0 (3.9) |
95.1
24.0 8.7 (3.1) |
Capital employed
Net debt Pension obligations |
132.2
(24.9) (57.1) |
131.1
(29.8) (62.2) |
107.9
(13.8) (87.1) |
107.3
(18.4) (102.4) |
124.7
(36.6) (97.6) |
Total net assets/(liabilities) |
50.2 |
39.1 |
7.0 |
(13.5) |
(9.5) |
Other data and ratios
Return on capital employed (%)1
Return on sales (%)2
Capital expenditure (Em)
Adjusted earnings per share (p) from continuing operations
Basic earnings per share (p) from continuing operations
Employees at year end
|
22.6 12.3 9.0 7.8p 8.3p 1,824 |
20.3 9.8 9.0 6.5p 5.7p 1,864 |
13.8 7.8 6.3 4.3p 4.7p 1,817 |
9.2 6.9 3.0 2.3p 2.0p 1,739 |
10.2 7.1 9.1 2.9p 1.5p 1,826 |
1.Being adjusted operating profit divided by average capital employed.
2. Based on adjusted operating profit divided by revenue.
3.The results for the years ended 31 March 2020 exclude the results of discontinued operations. Discontinued operations arise from the disposal of the South African Torque Transmission business unit during the year ended 31 March 2020.