Share Name Share Symbol Market Type Share ISIN Share Description
Oxford Instruments Plc LSE:OXIG London Ordinary Share GB0006650450 ORD 5P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  90.00 6.55% 1,464.00 1,462.00 1,470.00 1,480.00 1,404.00 1,434.00 168,859 10:33:23
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Electronic & Electrical Equipment 333.6 35.5 52.4 27.9 842

Oxford Instruments PLC Chairman's AGM Statement 2019

10/09/2019 7:01am

UK Regulatory (RNS & others)


Oxford Instruments (LSE:OXIG)
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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.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

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September 10, 2019 02:01 ET (06:01 GMT)

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