Oxford Instruments PLC Trading Update
RNS Number : 5574T
Oxford Instruments PLC
26 March 2021
Oxford Instruments plc
Trading Update 26 March 2021
Oxford Instruments plc, a leading provider of high technology
products and services to industrial companies and scientific
research communities, is today issuing a trading update.
The Group has made good progress in the second half of the
financial year, maintaining its good order growth, particularly
across Asia, which benefited from a continued strong performance
from China. Our end markets have remained resilient, with the
strongest growth across semi-conductor applications.
Revenue is expected to be marginally ahead of last year,
including a small adverse impact from currency effects. We expect
Adjusted operating profit for the 2020/21 financial year to be
between GBP55m to GBP57m, supported by realised operating
Oxford Instruments' results for the year ended 31 March 2021
will be released on 8 June 2021.
Note: Adjusted operating profit is before amortisation of
acquired intangible assets, fair value movements on financial
derivatives and acquisition items.
This announcement contains inside information. The person
responsible for arranging the release of this announcement on
behalf of Oxford Instruments is Gavin Hill, Group Finance
Oxford Instruments plc Tel: 01865 393200
Ian Barkshire, Chief Executive
Gavin Hill, Group Finance Director
MHP Communications Tel: 020 3128 8572
Katie Hunt/ James Midmer/ Florence Mayo
- 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
The first technology business to be spun out from Oxford
University, Oxford Instruments is now a global company and is
listed on the FTSE250 index of 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
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(END) Dow Jones Newswires
March 26, 2021 03:00 ET (07:00 GMT)