12 Jul

Oxford Instruments plc Interim Management Statement

Oxford Instruments plc, a leading provider of high technology tools and systems for industry and research, today issues an Interim Management Statement which covers the period from 1 April 2012 to date.

The Group has made an encouraging start to the year with orders, sales and profits all ahead of the same period last year on both an organic and reported basis.

Save as described in this statement, there has been no significant change in the financial position of the Group in the period.

Our markets remain strong despite continued economic uncertainty, particularly in Europe. A healthy pipeline of new product introductions is in place and we are investing across the business to increase efficiency, strengthen our market positions and drive further profitable growth. Accordingly, the Board anticipates that Oxford Instruments will continue to make good progress in line with its expectations for the financial year and consistent with its 14 cubed objectives.

Enquiries:

Oxford Instruments plc
Tel: 01865 393200
Jonathan Flint, Chief Executive
Kevin Boyd, Group Finance Director

MHP
Tel: 020 3128 8100
Rachel Hirst / Ian Payne

This Interim Management Statement contains certain forward-looking statements which have been made by the Directors in good faith using information available up until the date they approved the Statement. Forward-looking statements should be regarded with caution as by their nature such statements involve risk and uncertainties relating to events and circumstances that may occur in the future. Actual results may differ from those expressed in such statements, depending on the outcome of these uncertain future events.