Results: RNO

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NEWSFLOW

Renold (#RNO) – acquisition of trading assets of Australia conveyor chain business Davidson Chain for A$6m

2023-09-01 06:33:49

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Renold – further good news, banking facilities extension agreement

Industrial chains and related power transmission products company Renold (RNO) has announced it has reached agreement for the extension of its core banking facilities that were due to mature in April 2024 to May 2026 with an option to extend for a further two years and the shares have responded further higher to above 29p.

By HotStockRockets
2023-05-13 14:36:43

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Renold – trading ‘materially ahead of expectations’, Buy

Industrial chains and related power transmission products business Renold (RNO) has issued a trading update commencing “the strong momentum in the company's performance experienced in the first nine months of the year continued through the final quarter”. Good news.

By HotStockRockets
2023-04-27 14:39:41

NEWSFLOW

Renold (#RNO) – now expects “to be materially ahead of the previous upwardly revised market expectations”

2023-04-17 06:37:30

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Renold – a positive business momentum Buy

Manufacturer of industrial chains and related power transmission products used in a wide variety of international industries including manufacturing, transportation, energy, steel and mining, Renold (RNO) recently announced that it “now anticipates that underlying operating profit for the full year will be above current market forecasts” and that there is a “positive market outlook”. This looks far from discounted in the current share price and, as the results and following updates make the financials picture clearer, we expect the shares to spark from here.