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Oxford Instruments PLC (OXIG.L)

OXIG.L on London Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Oxford Instruments to sell its Industrial Analysis business for 80 mln stg
Wednesday, 26 Apr 2017 02:30am EDT 

April 26 (Reuters) - Oxford Instruments Plc ::Agreed to sell its industrial analysis business to Hitachi High-Technologies Corp for £80 million on a cash and debt free basis.Transaction subject to regulatory approval in austria, confirmation of receipt by relevant regulator of share transfer filing in china.Transaction subject to completion of pre-sale reorganisation to carve out relevant businesses.Proceeds will be used to reduce existing borrowings.Transaction expected to close in q2 of 2017/18 fiscal year.Current industrial analysis management team will transfer with business.  Full Article

Oxford Instrument sees FY results in line with last year
Thursday, 13 Apr 2017 02:00am EDT 

Oxford Instruments Plc : Trading statement . Trading in second half of year was consistent with expectations disclosed in our interim results . We expect performance for full year to be in line with prior year. .Good performance from nanotechnology tools has continued to mitigate an anticipated deterioration in our OI healthcare business..  Full Article

Oxford Instruments reports 3.7 percent fall in H1 adj pretax profit
Tuesday, 15 Nov 2016 02:00am EST 

Oxford Instruments Plc : Results for six months to Sept.30 2016 . H1 revenue rose 4.1 percent to 171.5 million stg . H1 adjusted pretax profit fell 3.7 percent to 15.7 million stg . Interim dividend 3.7 pence per share . Expect a benefit from currency of approximately 7 mln pounds to operating profit in 2017/18 financial year. . Adjusted profit before tax down 3.7 pct; reflecting lower sales in OI Healthcare and continued weakness in Superconducting Wire .Expects group to deliver a current year performance in line with last year.  Full Article

Oxford Instruments says fy revenue falls 4.9 pct
Wednesday, 15 Jun 2016 02:00am EDT 

Oxford Instruments Plc : Improved profit performance in nanotechnology tools and service sectors; decline in industrial products due to market softness . Reported revenue broadly flat in North America, assisted by acquisition of medical imaging resources . Early action on cost reduction delivered operational benefits of £9.4 million . Appointment of Ian Barkshire as chief executive in line with succession plan and Gavin Hill as group finance director . Alan Thomson to assume chairman role in September . Revenue for first two months of trading in line with last year; profits marginally ahead . FY revenue fell 4.9 percent to 361.6 million stg . FY adjusted pretax profit 37 million stg versus 35.7 million stg year ago . Final dividend 9.3 pence per share .Total dividend 13 pence per share.  Full Article

Oxford Instruments names Alan Thomson as chairman designate
Monday, 9 May 2016 02:00am EDT 

Oxford Instruments Plc : Appointment of non-executive director and chairman designate . Appointment of Alan Thomson as a non-executive director and chairman designate .Will join board with effect from 1st June 2016 and will be appointed chairman following retirement of Nigel Keen, Oxford Instruments' current chairman.  Full Article

Oxford Instruments plc appoints Gavin Hill as group finance director
Friday, 12 Feb 2016 02:00am EST 

Oxford Instruments plc:Says appointment of Gavin Hill as group finance director and to the board, effective from May 9, 2016.Says this follows announcement on Oct. 27, 2015 of Kevin Boyd's decision to resign from the group in order to take up role of finance director of Spirax-Sarco Engineering plc on April 11, 2016.  Full Article

Oxford Instruments plc announces disposal of Austin Scientific
Tuesday, 24 Nov 2015 02:00am EST 

Oxford Instruments plc:Says that it has completed disposal of its non-core Austin business for a cash consideration of $1.3 million.  Full Article

Oxford Instruments proposed half year dividend
Tuesday, 10 Nov 2015 02:00am EST 

Oxford Instruments:Proposed half year dividend of 3.7 pence.Payable on 8 April 2016 to shareholders who are on the register on 11 March 2016.  Full Article

Oxford Instruments PLC says Nigel Keen to step down as Chairman
Tuesday, 10 Nov 2015 02:00am EST 

Oxford Instruments PLC:Says in line with its Board succession plan, its Chairman Nigel Keen, has decided after 17 years' service that he will step down from the Board.  Full Article

Oxford Instruments PLC proposes final dividend
Tuesday, 9 Jun 2015 02:00am EDT 

Oxford Instruments PLC:Proposed final dividend of 9.30 pence (2014: 9.04 pence), giving total dividend for year of 13.0 pence (2014: 12.4 pence).  Full Article

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