Oxford Instruments Expects Steady Full-Year Performance

Oxford Instruments (GB:OXIG) has released an update.

Oxford Instruments reports a robust first half of the financial year, with anticipated revenue growth of around 10% at constant currency, driven by strong demand in the materials analysis and semiconductor markets. Despite currency headwinds impacting reported profits, the company expects to maintain full-year performance in line with expectations, buoyed by significant orders in its Advanced Technologies sector. Investors can look forward to a stronger second half with operational improvements and efficiency gains.

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