UK's Oxford Instruments rises on annual profit outlook

Oxford Instruments

16/04/2025 09:23

** Shares of nanotechnology tools maker Oxford Instruments OXIG.L up as much as 7.39% at 1758p

** OXIG expects an about 13% growth in FY 2025 adj. operating profit and a 9% growth in revenue, in line with expectations

** CEO Richard Tyson says he is pleased with co's pivot away from certain market segments in China

** Jefferies analysts say that while this is not a bad set-up heading into FY 2026, the impact of U.S. tariffs will be an issue in H1 2026

** Analysts say OXIG runs the risk that U.S. customers push out deliveries until tariff levels are more firmly set

** Up to Tuesday's close, stock rose 23.57% so far this year

 (
 Reporting by Simone Lobo in Bengaluru)

 ((Simone.Lobo@thomsonreuters.com; +919920570373;))