skip to content

Annual Results

Oxford Instruments swings to FY pretax profit

15 June 2016 07:48

Oxford Instruments has swung to a FY pretax profit of £13.1m, from a loss of £9.6m. Dividend per shaer was 13p, unchanged on the year. Revenue eased to £361.6m, from £380.1m.

Looking ahead, Oxford said its revenue for first two months of trading was in line with last year and that profits were marginally ahead.

A focus on product innovation, customer service and cost optimisation gave the company confidence it was on track to make progress in the year ahead.

CEO Ian Barkshire said: "I am excited about the opportunity to capture the long term structural growth in demand for high performance nanotechnology tools.

"We will continue to invest in growing the business in our core markets of physical and material science, and exploiting convergence to expand into life sciences."

Story provided by StockMarketWire.com

Related Company: OXIG

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

aew-banner-180x255.jpg

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.