Business
Replacement: Half-year Results
Replacement: Half-year Results.
About this update from Oxford Instruments Plc
[{"type":"text","content":"\n \n \n \n RNS Number : 7934R\n Oxford Instruments PLC\n 09 November 2021\n \n \n \n The following amendments have been made to the 'Half-year Results' announcement released on 9 November 2021 at 7:00am under RNS No 7230R.\n \n \nOwing to an omission of the word 'margin' in the Chief Executive's quote, a change has been made. The quote should now read:\n \"We are increasing our investment to take advantage of these growth opportunities, providing the foundation for good growth and medium-term margin expansion.\n \n \nIn addition, the word 'market' has been amended to 'markets' in the second bullet under 'Operational Highlights'. The bullet should now read:\n \"Global sustainability agenda strengthening the structural growth drivers for our markets\"\n \n \nAll other details remain unchanged. \n The full amended text is shown below.\n \n \n Oxford Instruments plc\n Announcement of Half-year Results for the six months to 30 September 2021\n \n Oxford Instruments plc, a leading provider of high technology products and systems for industry and research, today announces its Half-year Results for the six months to 30 September 2021.\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n % change\n \n \n \n \n \n \n \n Half year to\n \n \n Half year to\n \n \n \n \n \n organic\n \n \n \n \n \n \n \n 30 September\n \n \n 30 September\n \n \n % change\n \n \n constant\n \n \n \n \n Adjusted1\n \n \n 2021\n \n \n 2020\n \n \n reported\n \n \n currency4\n \n \n \n \n Revenue\n \n \n £170.1m\n \n \n £140.3m\n \n \n +21.2%\n \n \n +26.8%\n \n \n \n \n Adjusted operating profit\n \n \n £30.6m\n \n \n £24.3m\n \n \n +25.9%\n \n \n +28.0%\n \n \n \n \n Adjusted operating profit margin\n \n \n 18.0%\n \n \n 17.3%\n \n \n +70bps\n \n \n \n \n \n \n \n Adjusted profit before taxation\n \n \n £30.2m\n \n \n £23.7m\n \n \n +27.4%\n \n \n \n \n \n \n \n Adjusted basic earnings per share\n \n \n 41.2p\n \n \n 32.8p\n \n \n +25.6%\n \n \n \n \n \n \n \n Cash conversion2\n \n \n 48%\n \n \n 97%\n \n \n \n \n \n \n \n \n \n \n Net cash3\n \n \n £70.1m\n \n \n £81.4m\n \n \n \n \n \n \n \n \n \n 1. Adjusted items exclude the amortisation and impairment of acquired intangible assets, acquisition items, profit or loss on disposal of operatio...