Renold plc (RNO.L) Research
Renold plc is a global leader in the manufacturing and distribution of high-precision engineered products for power transmission. The company's reach spans across the United Kingdom, continental Europe, the United States, Australasia, China, India, and numerous other international markets. Its operations are organized into two distinct segments: Chain and Torque Transmission. The extensive product catalog includes a wide variety of chains, such as standard, welded steel, and draw bench conveyor chains, alongside specialized conveyor and trident chains for theme park applications. Renold also produces robust chains for bucket elevators, escalators, heavy-duty drag systems, and wastewater treatment, complemented by standard attachments and screen chains. Beyond chains, the company offers a diverse range of couplings, including flexible, jaw, standard, pin and bush, marine propulsion, generator set, and Ajax models. It also manufactures freewheel clutches, essential for overrunning, indexing, and backstopping functions. In the gearing sector, Renold supplies worm, bevel, and helical gears, as well as specialized transit escalator drive solutions, custom gearing, and refurbishment services for Carter gears. The company further enhances operational efficiency with oil condition monitoring systems. Its offerings also extend to leaf chains, vital for materials handling, and a suite of processing equipment and vibratory drives, including various types of shakers, vibratory fill stations, conveyors, feeders, and bulk bag unloaders. Essential chain accessories, such as sprockets, chain wear guides, pin extractors, and tensioners, are also part of its comprehensive portfolio. Furthermore, Renold provides a range of transmission chains, encompassing general-purpose, low-maintenance, abrasion-resistant, corrosion-resistant, standard attachment, and polymer block varieties. The company serves a broad array of industrial sectors, including transportation, mining and quarrying, materials handling, manufacturing, environmental services, food and beverage, energy, and construction machinery. It also caters to the agriculture, forestry, and fishing industries, primarily reaching these clients through original equipment manufacturers (OEMs) and authorized distributors. Founded in 1864, Renold plc is headquartered in Manchester, United Kingdom.
Market snapshot
- Symbol
- RNO.L
- Price
- $81.80
- Day change
- 0.00%
- Market cap
- $162.5M
- P/E ratio
- 10.76x
- 52-week range
- 35.186-88
- Sector
- Industrials
- Industry
- Industrial - Machinery
Peer companies
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