31
January 2024
Oxford Metrics
plc
("Oxford Metrics", or the
"Group")
AGM Statement and Notice of
CMD
Oxford Metrics plc (LSE: OMG), the
smart sensing and software company servicing life sciences,
entertainment and engineering markets, will hold its Annual General
Meeting ("AGM") at 2pm today.
In addition, Oxford Metrics
announces it will be hosting a Capital Markets Day for analysts and
investors on Thursday 18th April 2024 in Oxford. This
event will focus on the Group's five-year growth plan, market
opportunities and to see first-hand its latest innovation of
markerless technology in action. With space
limited, please register your interest to attend this event
via: SComg@fticonsulting.com.
At
the AGM today, Imogen Moorhouse, Oxford Metrics CEO, will make the
following statement:
"Vicon entered the new financial year with well over half of
revenue expectations underpinned by orders in hand and a strong
sales pipeline. The Board is pleased to report that the solid start
has continued with good early trading in the new financial year.
The Group continues to have strong visibility, which is now
reflecting the normalisation of customer buying behaviour compared
with the past years of disruption caused by the pandemic and supply
chain challenges.
Trading is in-line with expectations. Further information on
trading will be provided when interim results for the six months
ending 31 March 2024 are announced.
The Board looks forward to the year which is set to see
further growth in existing markets whilst laying the foundations
for future growth - which will be covered in more detail at our
Capital Markets Day in April."
For
further information please contact:
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Oxford Metrics
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+44
(0) 1865 261860
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Imogen Moorhouse, CEO
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David Deacon, CFO
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Deutsche Numis
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+44
(0)20 7260 1000
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Simon Willis / Hugo Rubinstein /
Tejas Padalkar
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FTI
Consulting
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+44
(0)20 3727 1000
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Matt Dixon / Emma Hall / Jamille
Smith / Jemima Gurney
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About Oxford Metrics
Oxford Metrics is a smart sensing
and software company that enables the interface between the real
world and its virtual twin. Our smart sensing technology helps over
10,000 customers in more than 70 countries, including all of the
world's top 10 games companies and all of the top 20 universities
worldwide. Founded in 1984, we started our journey in healthcare,
expanded into entertainment, winning an OSCAR® and an Emmy®, moved
into defence, engineering and smart manufacturing. We have a strong
track record of creating value by incubating, growing and then
augmenting through acquisition, unique technology
businesses.
The Group trades through its
market-leading division Vicon and, recently acquired, Industrial Vision Systems. Vicon is a world leader in
motion measurement analysis to thousands of customers worldwide,
including Red Bull, Imperial College London, Dreamscape Immersive,
Industrial Light & Magic, and NASA. Industrial
Vision Systems is a specialist in machine
vision software and technology for high precision, automated
quality control systems trusted by blue-chip, smart manufacturing
companies across the globe including BD, DePuy, Jaguar Land Rover,
Johnson & Johnson, Zytronic and Alkegen.
The Group is headquartered in Oxford
with offices in California, Colorado, Auckland, and Kempten. Since
2001, Oxford Metrics (LSE: OMG), has been a quoted company listed
on AIM, a market operated by the London Stock Exchange. For more
information about Oxford Metrics, visit
www.oxfordmetrics.com