Oxford Instruments (OXINF) Q2 2024 Earnings Call

Investor webinar replay

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Replay transcript excerpt

WEBVTT 00:00:00.757 -- 00:00:05.022 Hello and welcome to today's presentation of our half year results. 00:00:05.022 -- 00:00:10.068 I'm Richard Tyson, Chief Executive, and I'm joined by Gavin Hill, our Chief Financial 00:00:10.068 -- 00:00:11.910 Officer. As 00:00:11.910 -- 00:00:16.035 many of you will know, this is my first time presenting results at Oxford Instruments, 00:00:16.035 -- 00:00:19.359 having joined the company at the start of October. 00:00:19.359 -- 00:00:23.544 With that in mind, I'll be focusing on giving you a top level overview of results and 00:00:23.544 -- 00:00:26.137 some of my first impressions of the company. 00:00:26.137 -- 00:00:30.001 And Gavin's going to take you through the financial results and more detail on how we've 00:00:30.001 -- 00:00:32.564 performed in the half. 00:00:32.564 -- 00:00:37.169 Before I start, I'd like to say thank you to Gavin and my new colleagues at Oxford Instruments 00:00:37.169 -- 00:00:40.873 for the really warm welcome they've given me over the last six weeks. 00:00:40.873 -- 00:00:44.997 It's been fantastic to join such an open, collaborative team. 00:00:44.997 -- 00:00:48.982 Gavin and all those I've met as I've travelled around our sites have gone out of their 00:00:48.982 -- 00:00:54.626 way to help me understand what really makes Oxford Instruments tick. 00:00:55.094 -- 00:00:59.421 I'm pleased to say that the group has delivered a really robust performance in the half, 00:00:59.421 -- 00:01:03.848 particularly in the context of pretty tough trading landscape out there. 00:01:03.848 -- 00:01:08.957 We've delivered 7.5% constant currency revenue growth and our adjusted operating 00:01:08.957 -- 00:01:12.620 profit is up by 6.5%. We're 00:01:12.683 -- 00:01:15.508 seeing continued strong demand for our...