Business
Trading Statement
Trading Statement.
About this update from Oxford Instruments Plc
[{"type":"text","content":"\n \nRNS Number : 8302V Oxford Instruments PLC 11 April 2019 \n\n \n \nOxford Instruments plc\nTrading Update 11 April 2019\n \nOxford Instruments plc, a leading provider of high technology products and services to industrial companies and scientific research communities, is today issuing a trading update.\n \nAs predicted, trading in the second half of the year was supported by a strong order book and our normal second half seasonal bias. We expect adjusted operating profit for the full year to be around the higher end of expectations1, despite a small adverse currency effect. \n \nA good cash conversion during the year has resulted in the Group achieving a positive net cash position as at 31 March 2019.\n \nOxford Instruments' results for the year ended 31 March 2019 will be released on 11 June 2019. \n \n \n \n1 Oxford Instruments compiled analyst forecast range for adjusted operating profit (year to 31 March 2019): £46.0m to £49.2m\n \n \nEnquiries:\n \nOxford Instruments plc Tel: 01865 393200\nIan Barkshire, Chief Executive\nGavin Hill, Group Finance Director\n \nMHP Communications Tel: 020 3128 8100\nRachel Hirst/Luke Briggs\n \n \n \n- Ends -\nIssued for and on behalf of Oxford Instruments plc\nNotes to Editors \n \nAbout Oxford Instruments plc\nOxford 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...