Renishaw

-4.14%

1. Regulatory Risk: Renishaw operates in a variety of countries and jurisdictions, and is subject to local regulatory requirements and standards, including health and safety rules, anti-corruption, competition and taxation laws. Breaches or changes to these regulatory requirements could have a negative impact on operations and profitability.

2. Product Risk: Renishaw has a wide range of complex products, with a large amount of R&D expenditure required to stay ahead of the competition. Failing to innovate or produce high quality products could have a detrimental effect on customer confidence, and lead to a decrease in market share.

3. Reputation Risk: A key factor in Renishaw’s success is its reputation for reliability and quality of products and services. In the event of a major product recall or a high-profile data breach, the company risks big hits to its reputation and financial health.

4. Economic Risk: The company operates in various markets globally, and a downturn in any particular market could have a material impact on revenues and cash flow.

5. Competition Risk: With the emergence of new competitors, Renishaw could face increased pressure on pricing and decreased market share, leading to lower profits and slower growth.