Oxford Instruments (OXINF) Q4 2025 Earnings Call

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Replay transcript excerpt

WEBVTT 00:00:00.031 -- 00:00:05.658 Good morning everyone and welcome to Oxford Instruments' full year results presentation. 00:00:05.658 -- 00:00:09.724 Before I get into the presentation, just a quick comment on the unscheduled delay to 00:00:09.724 -- 00:00:11.225 results. 00:00:11.225 -- 00:00:15.311 The delay was due to a technical accounting matter which was raised to us in the very 00:00:15.311 -- 00:00:17.914 early hours of Tuesday morning. 00:00:17.914 -- 00:00:21.058 Our auditors have since resolved this internally. 00:00:21.058 -- 00:00:27.554 There has been no changes in our financial statements or to the disclosures since Monday. 00:00:27.554 -- 00:00:32.140 So with that, good to see you guys in the room and thanks to those of you joining us 00:00:32.140 -- 00:00:34.140 online. 00:00:34.643 -- 00:00:39.249 So I'm joined today for the first time by Paul Fry, who's been with us since January 00:00:39.249 -- 00:00:43.334 getting to know Oxford Instruments, our teams and our new strategy. 00:00:43.334 -- 00:00:46.378 Paul took up the role of CFO at the start of April. 00:00:46.378 -- 00:00:50.643 So welcome, Paul. It's been great to get started together and I'm really looking forward 00:00:50.643 -- 00:00:55.426 to working with you to realise the full potential of Oxford Instruments. 00:00:56.208 -- 00:01:01.594 It's been a really good year for Oxford Instruments with strong revenue and profit growth, 00:01:01.594 -- 00:01:05.758 margin improvement in both parts of the business and a really good progress towards our 00:01:05.758 -- 00:01:07.900 medium term targets. 00:01:07.900 -- 00:01:11.784 And I'm delighted that on Tuesday we were able to announce the sale of our quantum focused 00:01:11.784 -- 00:01:16.369 nanoscience business for 60 million pounds havi...