Renishaw’s Pretax Profit Dips on Lower Semiconductor Demand, Higher Costs

By Christian Moess Laursen

Renishaw said its pretax profit fell slightly in fiscal 2023 ended June 30 amid lower demand from semiconductor equipment suppliers and higher costs.

The London-listed technology company said Tuesday that its pretax profit edged slightly lower to 145.1 million pounds ($179.7 million) in the fiscal year from GBP145.6…