Oxford Instruments PLC Trading Statement (3855C)
13 April 2017 - 4:00PM
UK Regulatory
TIDMOXIG
RNS Number : 3855C
Oxford Instruments PLC
13 April 2017
Oxford Instruments plc
Trading Update 13 April 2017
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.
Trading in the second half of the year was consistent with the
expectations disclosed in our interim results, supporting our
guidance that we expect performance for the full year to be in line
with the prior year.
A good performance from NanoTechnology Tools has continued to
mitigate an anticipated deterioration in our OI Healthcare
business.
Our focus on strengthening the balance sheet has resulted in a
reduction in net debt at 31 March 2017 against the same period last
year.
Oxford Instruments' results for the year ended 31 March 2017
will be released on 13 June 2017.
Enquiries:
Oxford Instruments plc Tel: 01865 393200
Ian Barkshire, Chief Executive
Gavin Hill, Group Finance Director
MHP Communications Tel: 020 3128 8100
Rachel Hirst/Jamie Ricketts
- 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 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 and is
listed 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 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 and high magnetic field 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.
This information is provided by RNS
The company news service from the London Stock Exchange
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