Renold – Interims due next Wednesday

On Wednesday of next week, 20th November, Renold (LON:RNO), the chain and transmission equipment group, will be reporting its Interim Results for the six months to end-September.  They should be showing a good set of figures and a near record order book for the full year to end March 2025.  On broker’s estimates the group’s shares are trading at least a third below real value.  The Business  The 150-year old Wythenshawe, Manchester-based group has an unsurpassed reputation for innovation, design and manufacturing skill, and is the world’s leading manufacturer of industrial ...

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