Pre-close Trading Update

RNS Number : 0578B

Oxford Instruments PLC

11 April 2012

 



Release Date:  11 April 2012

Pre-close Trading Update

Oxford Instruments plc, a leading provider of high technology tools and systems for industry and research, is today issuing a trading statement ahead of entering its close period.

The company continues to make good progress in line with its "14 Cubed" objectives and currently expects adjusted profit before tax* for the year to 31 March 2012 to be at the upper end of market expectations.

Oxford Instruments' preliminary results for the year ended 31 March 2012 will be released on Tuesday 12 June.

Ends

* Adjusting items comprise profit or loss on disposal of business lines, certain impairments, amortisation of acquired intangibles, reversal of acquisition related fair value adjustments to inventory, acquisition costs and mark to market gains or losses in respect of certain derivatives.

Enquiries:

Oxford Instruments plc	Tel:  [phone]
Jonathan Flint   Chief Executive
Kevin Boyd       Group Finance Director
MHP Communications	Tel:  [phone]
Rachel Hirst
Ian Payne

Notes to Editors

Oxford Instruments designs, supplies and supports high-technology tools and systems with a focus on research and industrial applications. It provides solutions needed to advance fundamental physics research and its transfer into commercial nanotechnology applications. Innovation has been the driving force behind Oxford Instruments' growth and success for over 50 years, and its strategy is to effect the successful commercialisation of these ideas by bringing them to market in a timely and customer-focused fashion. 

The first technology business to be spun out from Oxford University over fifty years ago, Oxford Instruments is now a global company with over 1900 staff worldwide and is a member of the FTSE250 index on the London Stock Exchange (OXIG).  Its objective is to be the leading provider of new generation tools and systems for the research and industrial sectors.

This involves the combination of core technologies in areas such as low temperature, high magnetic field and ultra high vacuum environments, NMR, X-ray, electron and optical based metrology, and advanced growth, deposition and etching.

Oxford Instruments aims to pursue responsible development and deeper understanding of our world through science and technology.  Its' products, expertise, and ideas address global issues such as energy, environment and health.  

 

END

 

 

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