UK's Oxford Instruments FY revenue slightly beats estimates on Advanced Technologies orders

Oxford Instruments

09/06/2026 07:10

Overview
UK scientific technology firm's preliminary FY revenue slightly beat analyst expectations
Adjusted operating profit for the year beat analyst consensus
Company completed NanoScience divestment and executed £62.2 mln share buybacks

Outlook
Oxford Instruments says AT order book covers planned revenue for FY27, with orders into FY28
Company remains confident in medium-term organic revenue CAGR goal of 5%-8%
Oxford Instruments plans to incrementally increase R&D investment in FY27

Result Drivers
ADVANCED TECHNOLOGIES ORDERS - Strong order intake in Advanced Technologies, up 28% for the year, provided revenue visibility and contributed to growth
IMAGING & ANALYSIS RESTRUCTURING - Margin improvement and profit growth in Imaging & Analysis driven by restructuring of the Belfast cameras and microscopy business and operational execution
NANOSCIENCE DIVESTMENT - Sale of NanoScience improved group operating margin and allowed greater focus on higher value growth opportunities

Company press release: ID:nRSI4758Ha

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
Slight Beat*
GBP 423.20 mln
GBP 422.09 mln (7 Analysts)
FY Adjusted Operating Profit
Beat
GBP 73.70 mln
GBP 68.05 mln (4 Analysts)
FY Adjusted Operating Margin
 
17.40%
 
*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 5 "strong buy" or "buy", 3 "hold" and no "sell" or "strong sell"
The average consensus recommendation for the industrial machinery & equipment peer group is "buy"
Wall Street's median 12-month price target for Oxford Instruments PLC is GBp2,695.00, about 12.7% below its June 8 closing price of GBp3,086.00
The stock recently traded at 28 times the next 12-month earnings vs. a P/E of 24 three months ago

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)