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Oxford Instruments Expects Operating Profit At Upper End Of Guidance

11th Apr 2019 09:20

LONDON (Alliance News) - Oxford Instruments PLC on Thursday said it expects its annual adjusted operating profit to be around the higher end of expectations, despite a small adverse currency effect.

Currently market consensus sees the technology products provider's adjusted operating profit between GBP46.0 million and GBP49.2 million.

The company said trading in the second half of its financial year was supported by a "strong" order book.

Oxford Instruments will publish its results for the year ended March 31 on June 11.

Oxford Instruments shares were trading up 4.4% at 1,044.40 pence each.


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Oxford Instruments
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