Matt Tonge, a fund manager at Liontrust Asset Management, breaks down Renishaw, a leader in precision measurement and manufacturing. He explains how Renishaw serves as a vital supplier in sectors like semiconductors and robotics. The discussion highlights the company's unique revenue dynamics, the impact of cyclical trends, and the significance of R&D for future growth. Tonge also delves into Renishaw's founding story and its ongoing innovations, offering insights into the competitive landscape and the balance between short-term challenges and long-term vision.
