REG - Oxford Instruments - Interim Management Statement <Origin Href="QuoteRef">OXIG.L</Origin>

Oxford InstrumentsAnnouncement

06/09/2014 16:38

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RNS Number : 3969M
Oxford Instruments PLC
16 July 2014 
 
Release date: 16 July 2014 
 
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 2014 to date. 
 
Orders in the first quarter of the year were above the same period last year
despite the worsening foreign exchange environment.  This was on both a
reported and constant currency organic basis. 
 
On a constant currency basis, orders were ahead of the same period last year
in our major trading regions of Europe, North America and Asia.  Excluding
Andor, acquired in January 2014, orders were ahead in North America but lagged
in Europe and Asia. 
 
The integration of Andor continues to progress and its performance was
slightly ahead of expectations in the first three months of the year. 
 
Our broad spread of geographies and technologies and our strong pipeline of
new products continue to underpin the long term prospects for the Group.  The
Board anticipates that Oxford Instruments will continue to make progress in
line with its expectations for the remainder of the financial year. 
 
Save as described in this statement, there has been no significant change in
the financial position of the Group in the period. 
 
- Ends - 
 
Enquiries: 
 
Oxford Instruments plc                                       Tel: 01865
393200 
 
Jonathan Flint, Chief Executive 
 
Kevin Boyd, Group Finance Director 
 
MHP                                                                    Tel:
020 3128 8100 
 
Rachel Hirst / Rory King 
 
Issued for and on behalf of Oxford Instruments plc 
 
Notes to Editors 
 
About Oxford Instruments plc 
 
Oxford Instruments designs, supplies and supports high-technology tools and
systems with a focus on research and industrial applications. Innovation has
been the driving force behind Oxford Instruments' growth and success for over
50 years, and its strategy is to effect the successful commercialisation of
these ideas by bringing them to market in a timely and customer-focused
fashion. 
 
The first technology business to be spun out from Oxford University, Oxford
Instruments is now a global company with over 2300 staff worldwide and is
listed on the FTSE250 index of the London Stock Exchange (OXIG).  Its
objective is to be the leading provider of new generation tools and systems
for the research and industrial sectors with a focus on nanotechnology. Its
key market sectors include nano-fabrication and nano-materials. The company's
strategy is to expand the business into the life sciences arena, where
nanotechnology and biotechnology intersect 
 
This involves the combination of core technologies in areas such as low
temperature, high magnetic field and ultra high vacuum environments; Nuclear
Magnetic Resonance; x-ray, electron, laser and optical based metrology; atomic
force microscopy; optical imaging; advanced growth, deposition and etching. 
 
Oxford Instruments aims to pursue responsible development and deeper
understanding of our world through science and technology. Its products,
expertise, and ideas address global issues such as energy, environment,
security and health. 
 
This information is provided by RNS
The company news service from the London Stock Exchange