Oxford Instruments backs outlook amid Advanced Technologies momentum
Oxford Instruments PLC on Thursday confirmed its annual outlook as it noted further momentum in its Advanced Technologies division.
The Abingdon, Oxfordshire-based company is a provider of high technology products and services to industry and scientific research communities.
Oxford Instruments backed its outlook for the financial year that will end on March 31, expecting reported adjusted operating profit in line with market expectations of between £70.2 million and £70.3 million. This would be down from £82.2 million reported in financial 2025.
The company noted cost restructuring actions undertaken in the first half of the year in its Belfast-based imaging business are delivering the expected benefits in the second half.
Further, Oxford Instruments said its Advanced Technologies division saw ‘continued strong order momentum’ in the third quarter, which ended December 31, with year-to-date orders up 44% on an organic constant currency basis, compared to a year earlier. It noted order book coverage now extends ‘well into’ financial 2027.
Oxford Instruments reported a book-to-bill ratio of 1.2, adding that it continues to book and ship new Imaging & Analysis orders within the fourth quarter.
Shares in the company were up 2.0% at 2,250.00 pence on Thursday morning in London.
The company added that the sale of the NanoScience business completed on January 2, with £48.5 million of net cash proceeds received.
Oxford Instruments said it will publish a further trading statement on April 14, with its full annual results scheduled for June 9.
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