Oxford Instruments plc Trading Update 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.
Oxford Instruments plc
Tel: 01865 393200
Ian Barkshire, Chief Executive
Gavin Hill, Group Finance Director
Tel: 020 3128 8100
Rachel Hirst/Jamie Ricketts