Oxford Instruments Plc (OXIG.L) Tuesday said that it expects to report resilient fiscal 2026 results according to market expectations of revenue of 420.7 million pounds and adjusted operating profit of 71.3 million pounds. The scientific instruments manufacturer said that order intake climbed around 8 percent and the book-to-bill ratio was around 1.07.
The company said that the Imaging & Analysis division saw improved results, with full-year orders broadly flat and slightly up on a constant currency basis. The Advanced Technologies division results rose by 30 percent, helped by semiconductor demand and large US and European customers, especially in the second half.
Oxford Instruments said that it also completed its first 50 million pounds share buyback tranche and had spent 11.7 million pounds of the second tranche by March-end. The company will release its full year results on June 9.
On the LSE, OXIG.L is trading at 2,692.00 pence on Tuesday, up 2 percent.
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