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Investing.com -- British industrial machinery maker Renold (LON:RNO) reported on Monday that its early fiscal 2026 product sales volume has fallen below year-ago levels.
The company said sales volumes are likely to remain weak through the first half of the fiscal year, as economic uncertainty is causing customers to delay their purchases.
Renold noted that pricing actions largely offset slower first-quarter sales.
The company stated it stands ready to implement further price measures if needed to manage costs.
The machinery maker’s challenges come amid shifting global trade politics, driven by sweeping U.S. tariffs.
These changes have forced businesses to reassess their supply chains and purchasing decisions as they face rising costs and uncertainty.
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