LONDON (ShareCast) - (Sharecast News) - Manufacturing and research company Oxford Instruments said on Wednesday that it now expects full-year revenues and adjusted operating profit to be "marginally ahead" of internal expectations, despite supply chain disruption and cost inflation.
Oxford Instruments anticipates delivering further improvements in operating margin, as its "Horizon" strategy drives growth in attractive end markets, improved operational efficiency, and the transformation of its service offering.

The FTSE 250-listed firm stated its full-year performance reflected "good progress" in the second half of the year, with continued strong order growth, supported by resilient end-markets, leaving the group with "a healthy order book" as it enters the new financial year.

Oxford Instruments' results for the full-year ending 31 March will be released on 14 June.

As of 0815 BST, Oxford Instruments shares were up 3.61% at 2,150.0p.

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