Oxford Instruments PLC Chairman's AGM Statement 2019 (7319L)
September 10 2019 - 1:01AM
UK Regulatory
TIDMOXIG
RNS Number : 7319L
Oxford Instruments PLC
10 September 2019
Oxford Instruments plc
Chairman's AGM Statement 2019
Oxford Instruments plc, a leading provider of high technology
products and services to industrial companies and scientific
research communities, is holding its Annual General Meeting today
at which the Chairman, Neil Carson, will make the following
statement on trading:
"Reported revenue and operating profit year to date is above
last year, with modest constant currency progress supported by
favourable currency movements.
"Looking ahead, we expect the second half of the financial year
to benefit from the normal seasonal bias, with expectations for the
full year remaining unchanged."
Note: Oxford Instruments compiled analyst forecast range for
adjusted operating profit (year to 31 March 2020): GBP51.5m to
GBP53.0m, with an average consensus of GBP52.5m.
Enquiries:
Oxford Instruments plc Tel: 01865 393200
Ian Barkshire, Chief Executive
Gavin Hill, Group Finance Director
MHP Communications Tel: 020 3128 8100
Rachel Hirst/Luke Briggs
- Ends -
Issued for and on behalf of Oxford Instruments plc
Notes to Editors
About Oxford Instruments plc
Oxford Instruments designs, supplies and supports
high-technology tools and systems with a focus on research and
industrial applications. Innovation has been the driving force
behind Oxford Instruments' growth and success for 60 years,
supporting its core purpose to address some of the world's most
pressing challenges.
The first technology business to be spun out from Oxford
University, Oxford Instruments is now a global company and is
listed on the London Stock Exchange (OXIG). Its strategy focuses on
being a customer-centric, market-focused Group, understanding the
technical and commercial challenges faced by its customers. Key
market segments include Semiconductor & Communications,
Advanced Materials, Healthcare & Life Science, and Quantum
Technology.
Their portfolio includes a range of core technologies in areas
such as low temperature and high magnetic field environments;
Nuclear Magnetic Resonance; X-ray, electron, laser and optical
based metrology; atomic force microscopy; optical imaging; and
advanced growth, deposition and etching.
Oxford Instruments is helping enable a greener economy,
increased connectivity, improved health and leaps in scientific
understanding. Their advanced products and services allow the
world's leading industrial companies and scientific research
communities to image, analyse and manipulate materials down to the
atomic and molecular level, helping to accelerate R&D, increase
manufacturing productivity and make ground breaking
discoveries.
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END
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