Slide 1: Full-year results
Full-year results Will Lee John Shipsey 23 September 2026 Chief Executive Officer Chief Financial Officer Renishaw AM machines running unattended at I3D Image courtesy I3D (Innovative 3D Manufacturing)
Slide 2: FY2026 highlights
FY2026 highlights Record year with accelerating revenue growth and higher operating margin ► Excellent progress in FY2026, with revenue and profit growth in all segments ► Strong progress in emerging product lines ► Well-positioned in a range of attractive markets ► Our innovation-led strategy is de
Slide 3: Financial performance
Financial performance John Shipsey Chief Financial Officer
Slide 4: FY2026 financial highlights
FY2026 financial highlights Adjusted1 Adjusted1 Constant ► Accelerating revenue growth FY2026 FY2025 Growth FX growth ► Strong operating margin Revenue (£m) 815.8 713.0 14% 17% improvement Operating profit (£m) 152.9 112.3 36% 63% ► Special dividend to Operating profit margin 18.7% 15.7% 3.0%pt 5.2%
Slide 5: Financial targets
Financial targets Through-cycle Adj. operating Adjusted cash flow Return on revenue growth1 profit margin2 conversion2 invested capital2 7.6% / +0.7%pt 18.7% / +3.0%pt 79% / (12%pt) 17.5% / +4.3%pt Target: HSD%3 Target: 20% Target: 70% Target: 15% Notes 1. Compound annual revenue growth for last 12
Slide 6: Industrial Metrology
Industrial Metrology Growth for emerging metrology systems, stable profitability Constant 2026 2025 Growth FX growth Revenue (£m) 447.4 430.6 4% 7% Operating profit1 (£m) 76.7 75.5 2% Operating profit margin1 17.1% 17.5% (0.4%pt) ► Rising demand for 5-axis CMMs and Equator gauges ► Flat sales of met
Slide 7: Position Measurement
Position Measurement Accelerating revenue growth driving margin uplift Constant 2026 2025 Growth FX growth Revenue (£m) 260.9 207.4 26% 29% Operating profit1 (£m) 71.5 46.6 53% Operating profit margin1 27.4% 22.5% 4.9%pt ► AI-driven growth for optical encoders for semicon equipment ► Strong magnetic
Slide 8: Specialised Technologies
Specialised Technologies Strong AM growth driving substantial step up in margin Constant 2026 2025 Growth FX growth Revenue (£m) 107.5 75.0 43% 46% Operating profit1 (£m) 4.7 (9.9) N/A Operating profit margin1 4.4% (13.2%) 17.6%pt ► Sharply higher demand for additive manufacturing (AM) systems from
Slide 9: Strong adjusted operating margin growth
Strong adjusted operating margin growth 20% 4.3%pt ► Headwind from lower 18.7% forward currency contracts (0.7%pt) income and changing exchange rates 15.7% 2.5%pt ► Benefit from cost reduction programme and closure of 15% neuro drug delivery (0.9%pt) ► Mix impact on gross margin (2.2%pt) ► Operating
Slide 10: Sources and uses of cash
Sources and uses of cash Focus on cash conversion Cash flow conversion1: 79% 33 £m ► Higher working capital to support growth 153 150 (31) 11 121 (35) 100 (37) (18) 50 17 (57) (3) Adj. Non-cash Working Net Adj. Interest Tax Cost Dividends Other Change operating items capital capex operating reductio
Slide 11: Focus on return on invested capital
Focus on return on invested capital Aiming to improve through-cycle ROIC1 FY2026 FY2027 Medium term Cost reduction Capacity expansion Underlying productivity ► 7% headcount reduction ► Mostly machinery & direct ► Common processes labour, limited property ► £21m savings in FY20262 ► ‘One Renishaw’ pr
Slide 12: Strategy & outlook
Strategy & outlook Will Lee Chief Executive Officer
Slide 13: Who we are
Who we are We are a world leader in sensors and systems for measurement and manufacturing Our purpose Our strategy ► Deliver innovation-led organic growth through Transforming tomorrow disciplined investment and focused execution together ► Focus on attractive markets with durable growth potential,
Slide 14: Long-term value creation model
Long-term value creation model Expanding our addressable market and evolving our outperformance strategy Markets growing at >5% 1 p.a. Strategy driving consistent outperformance Manufacturing machine Industrial Growing in Increasing Extending into performance automation existing markets technology v
Slide 15: Serving a broad range of industries
Serving a broad range of industries1 FY26 Share of group revenue End-use industry share 100% Healthcare 3% 90% Research 5% ► Diverse sectors, including durable Energy 6% structural end markets 80% Consumer electronics 10% 70% ► Technology for next wave of Automotive 11% precision manufacturing capex
Slide 16: Semiconductor opportunities
Semiconductor opportunities AI-driven market growth, supported by capacity uplift ► Strong cyclical upturn for semicon fab investment driving demand for position encoders ► Range of market forecasts for investment trajectory, mindful of future downturn ► Investing in additional machining, electronic
Slide 17: Aerospace & defence opportunities
Aerospace & defence opportunities Strong demand for AM, opportunities for inductive encoders ► Global instability and NATO defence spending driving increased demand for AM machines ► Growing range of applications in signature reduction, AM applications personal devices, UAVs and heat exchangers in a
Slide 18: Continued investment in R&D for the future
Continued investment in R&D for the future ► Over £100m p.a. engineering investment Emerging business innovations: Equator-X gauge and Modus IM software ► Successful commercialisation of recent innovations in emerging product lines ► Important new product introductions in established businesses Rece
Slide 19: Outlook
Outlook Momentum carried into Q1, expecting further strong growth in FY2027 ► Significant long-term opportunities from structural market growth drivers ► Exciting prospects for our latest new products and our strong R&D pipeline ► Continuing order book growth in all segments and regions ► Investing
Slide 20: Disclaimer
Disclaimer This document contains statements about Renishaw plc that are or may be forward-looking statements. These forward-looking statements are not guarantees of future performance. They have not been reviewed by the auditors of Renishaw plc. They involve known and unknown risks, uncertainties a
Slide 21: Appendix
► Segment performance summary ► Innovations in FY26 ► Addressable market Appendix ► Industries served ► Segment overviews ► Long-term financial performance ► FY26 performance trends ► Foreign exchange | 21
Slide 22: Diverse portfolio of growing businesses
Diverse portfolio of growing businesses Addressable Share of 5-year CGAR Growth in Operating Segment market 1 Group sales 2 to FY26 3 FY26 4 margin 5 Industrial Metrology £3.4b 55% 6% 7% 17% Position Measurement £2.3b 32% 10% 29% 27% Specialised Technologies £1.3b 13% 12% 46% 4% Notes 1. Refer to ne
Slide 23: Accelerating innovation
Accelerating innovation Our innovation engine is powering our progress, with an exciting roadmap ahead Growing in Increasing Extending into existing markets technology value new markets ► High-performance sensors ► High-growth emerging ► High-growth new market to lead the market product lines opport
Slide 24: Innovation in industrial metrology sensors
Growing in Innovation in industrial metrology sensors existing markets New metrology sensors coming in FY27 ► New generation of machine tool probing systems, enabling advanced on-machine metrology for high-value components, generating more revenue per machine ► Enhanced 5-axis motorised probe head f
Slide 25: Innovation in position encoders
Growing in Innovation in position encoders existing markets Meeting the evolving needs of semiconductor manufacturing 1.5D optical ► 1.5D optical encoders for precision motion applications encoder such as advanced packaging and hybrid bonding ► Next-gen laser encoders providing ultra-precise motion
Slide 26: Innovation in metrology systems
Increasing Innovation in metrology systems technology value Gaining market share in shop-floor process control Equator-X gauge ► EQUATOR-X shop floor gauge, delivering new levels of measurement speed and precision ► MODUS IM Equator metrology software enabling efficient direct sales and new distribu
Slide 27: Innovation in new markets
Extending into Innovation in new markets new markets Diversification into close-adjacent markets ► ASTRiA inductive encoder complements Renishaw’s magnetic and optical encoders for precision motion control ASTRiA inductive in harsh environments encoder ► Growing demand for a range of ground-based an
Slide 28: Targeting market share growth in substantial markets
Targeting market share growth in substantial markets Lab & clinical solutions Raman, neurological solutions £0.3b Metrology systems £2.3b CMMs, gauging, software Metal power bed AM laser & E-beam melting £1.0b FY2026 developments V ► Strong market growth in precision encoders and £7bn addressable me
Slide 29: Industrial Metrology
Industrial Metrology Measurement & control of precision component manufacturing processes Applications Market-leading sensors (established) ► Automated process set-up, in-process control and multi- CMM sensors Machine tool probes Styli & fixturing Calibration systems sensor post-process monitoring o
Slide 30: Position Measurement
Position Measurement Precision motion control of machinery, robotics & factory automation Applications Contactless encoders for precision motion control (established) ► Precision motion control for semiconductor Open optical encoders Fibre laser encoders Magnetic encoders manufacturing equipment, ma
Slide 31: Specialised Technologies
Specialised Technologies Novel technologies in high growth sectors Additive manufacturing for volume Spectroscopy for materials analysis & Neurological solutions for robotic surgery production (emerging) control (established) (non-core) RenAM 500Q Laboratory Raman neuromate® multi-laser AM spectrosc
Slide 32: Decades of success
Decades of success 2010-26 revenue CAGR = 10% p.a. 30% Average operating 900 profit margin since 2010 = 20% 800 25% 700 Adjusted operating profit margin % 20% 600 Revenue (£m) 500 15% 400 10% 300 200 5% 100 0% 0 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 09 10 11 12 13 1
Slide 33: FY2026 performance trends
FY2026 performance trends Quarterly revenue progression FY2026 FY2026 140 H1 H2 120 115 Revenue (£m) 365.6 450.2 120 110 102 Operating profit1 (£m) 57.5 95.4 100 Operating profit margin1 15.7% 21.2% 82 80 69 Profit before tax1 (£m) 64.1 103.9 58 60 52 43 40 26 Performance improvement in H2 vs H1 22
Slide 34: Foreign exchange
Foreign exchange FX movements in FY2026 Average rates 2026 2025 Change USD 1.34 1.30 +3% EUR 1.15 1.19 -3% JPY 207 193 +7% Ready reckoner for impact of movement in FX rates on FY2027 performance Current FX rates (on 11 September) create the following headwinds in FY2027compared to prior year: • Reve
Slide 35: RENISHAW. apply innovation
RENISHAW. apply innovation™ | 35