Trading Statement

RNS Number : 1804K

Oxford Instruments PLC

15 April 2015

 



Release date: 15 April 2015

Oxford Instruments plc

Trading Update

Oxford Instruments plc, a leading provider of high technology tools and systems for industry and research, is today issuing a trading update.

Trading in the fourth quarter was in line with the expectations disclosed in our trading update of 22 January.  As a result, adjusted profit before tax for the year ended March 2015 will be not less than £35 million.  Net debt at 31 March was lower than the same period in the prior year.

Oxford Instruments' results for the year ended 31 March 2015 will be released on Tuesday 9 June 2015.

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Enquiries:

Oxford Instruments plc                                       Tel: [phone]

Jonathan Flint, Chief Executive

Kevin Boyd, Group Finance Director

MHP                                                                     Tel: [phone]

Rachel Hirst / Jamie Ricketts / Jack Holden

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 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, Oxford Instruments is now a global company with over 2300 staff worldwide and is listed on the FTSE250 index of 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 with a focus on nanotechnology. Its key market sectors include nano-fabrication and nano-materials. The company's strategy is to expand the business into the life sciences arena, where nanotechnology and biotechnology intersect

This involves the combination of core technologies in areas such as low temperature, high magnetic field and ultra high vacuum environments; Nuclear Magnetic Resonance; x-ray, electron, laser and optical based metrology; atomic force microscopy; optical imaging; 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, security and health. 

 

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