Oxford Instruments PLC Chairman's AGM Statement 2021 (3653M)
21 9월 2021 - 3:00PM
UK Regulatory
TIDMOXIG
RNS Number : 3653M
Oxford Instruments PLC
21 September 2021
21 September 2021
Oxford Instruments plc
Chairman's AGM Statement 2021
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:
Order and revenue growth has been strong in the first five
months of the year, supported by positive underlying demand across
our markets, and across both commercial and academic customers.
Currency effects have had an adverse impact on revenue and
operating profit, compared to the same period in 2020, as sterling
strengthened against our key trading currencies. We anticipate a
headwind effect on full year revenue and operating profit of
approximately 4% and 3% respectively.
A healthy pipeline across the breadth of our markets, a strong
order book and the expected contribution following the acquisition
of WITec, supports our view that trading for the full year will be
slightly ahead of expectations. Covid-19 continues to disrupt
supply chains and is heightening uncertainty for forecasting.
Oxford Instruments' results for the half year ended 30 September
2021 will be released on Tuesday 9 November 2021.
Note: Oxford Instruments compiled analyst forecast range for
adjusted operating profit (year to 31 March 2022): GBP59.7m to
GBP63.0m, with an average consensus of GBP61.2m.
- Ends -
Issued for and on behalf of Oxford Instruments
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
oxfordinstruments@mhpc.com
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 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.
Oxford Instruments' 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
m anufacturing productivity and make ground-breaking
discoveries.
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END
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