Tillkännagivande • Apr 14
Oxford Instruments plc Provides Earnings Guidance for Full Year 2026 Oxford Instruments plc provided earnings guidance for full year 2026. The mean of consensus estimates for reported full year FY26 results are for revenue of £420.7 million. Tillkännagivande • Mar 03
Oxford Instruments plc, Annual General Meeting, Jul 23, 2026 Oxford Instruments plc, Annual General Meeting, Jul 23, 2026. Tillkännagivande • Nov 11
Oxford Instruments plc Proposes an Interim Dividend, Payable on January 9, 2025 Oxford Instruments plc proposed an interim dividend of 5.4 pence (half year Fiscal year 25: 5.1 pence) per share, a growth of 5.9%. The interim dividend will be paid, subject to shareholder approval, on 9 January 2026 to shareholders on the register as at 28 November 2025. Tillkännagivande • Oct 13
Oxford Instruments plc Provides Earnings Guidance for the First Half and Second Half and full Year Ending March 31, 2026 Oxford Instruments plc provided earnings guidance for the first half and second half of year ending march 31, 2026 . Given the profile of order intake, H1 revenues for the period are expected to be down around 8% OCC versus the prior year (down 10% on a reported basis)., On a reported basis Company expected second half of revenue to be marginally up versus H2 of the prior year. Consequently, on an organic constant currency basis company now expect Group full year revenue, to be similar to the prior year. Company anticipated a further headwind of approximately £1 Million to operating profit in addition to earlier guidance of £4.5 Million. This is reflected in our updated expectations for the full year. Tillkännagivande • Jun 11
Quantum Design International, Inc. entered into a binding agreement to acquire Oxford Instruments NanoScience Limited from Oxford Instruments plc (LSE:OXIG) for £63 million. Quantum Design International, Inc. entered into a binding agreement to acquire Oxford Instruments NanoScience Limited from Oxford Instruments plc (LSE:OXIG) for £63 million on June 10, 2025. A cash consideration of £60 million will be paid by Quantum Design International, Inc. Quantum Design International, Inc. will pay an earnout/contingent payment of £3 million cash. As part of consideration, £63 million is paid towards common equity of Oxford Instruments NanoScience Limited.
For the period ending April 5, 2025, Oxford Instruments NanoScience Limited reported total revenue of £59 million.
The transaction is subject to approval by regulatory board / committee. The expected completion of the transaction is July 1, 2025 to September 30, 2025. Pim Kraaijeveld, Ivan Filippov of EC M&A acted as financial advisor to Quantum Design International, Inc. Tillkännagivande • Apr 16
Oxford Instruments plc Provides Earnings Guidance for the Year Ended 31 March 2025 Oxford Instruments plc provided earnings guidance for the year ended 31 March 2025. For the period, the company revenue growth has been strong, as anticipated, resulting in full-year revenue growth expected to be around +9% at constant currency (+6% at actual rates) versus the prior year. Tillkännagivande • Feb 17
Oxford Instruments plc Announces the Appointment of Rowena Innocent as an Independent Non-Executive Director Oxford Instruments plc announced the appointment of Rowena Innocent as an Independent Non-Executive Director. She will be joining the Board on 17 February 2025 and will become a member of the Company's audit and risk, nomination, remuneration and sustainability committees from the same date. Rowena is the Chief Operating Officer of Ultraleap Limited. She also serves as a member of the Advisory Council at the National Composite Centre, and the Digital Program Expert Group for the DSIT National Measurement System, and is an Aegis Professor for Technology, Innovation and Equality and Chair of the IAB School of Physics at the University of Bristol. Rowena has over 30 years' experience in high-tech product design and manufacturing. She is a Chartered Engineer and holds a degree in Physics with Astrophysics from the University of Leicester. Prior to her current executive role, Rowena was the Group Head of STEM strategy at Spectris. She has also held a range of engineering leadership roles with Malvern Panalytical (a Spectris company), General Electric and Druck. Tillkännagivande • Jan 09
Oxford Instruments plc Announces Chief Financial Officer Changes Oxford Instruments plc announces succession plans for the role of Chief Financial Officer ("CFO") to the Company. After nearly nine years with the Company, Gavin Hill has agreed with the Board that he will step down from the Board and his role of CFO on 31 March 2025, the end of the financial year. He will remain actively involved with the Company until June 2025 to support a smooth transition. After a rigorous search process, Paul Fry will be appointed as CFO. He joins the Company from 9 January 2025, initially in a non-Board role, before being appointed to the Board and taking up the role of CFO on 1 April 2025. Paul has a strong track record in senior positions at international healthcare and technology companies, having held the roles of CFO, most recently at Argenta Group and previously at Vectura plc and Immunocore Limited. With a career spanning more than 25 years, Paul has also held a number of senior roles at Vodafone and GlaxoSmithKline. He is also currently a Non-Executive Director and Chair of the Audit Committee at AIM-listed healthcare company Avacta Group plc. Paul Fry is currently Non-Executive Director and Chair of the Audit Committee at Avacta Group plc, a role he has held since February 2020; he held the role of CFO and Executive Director at Vectura plc from October 2018 to March 2022, including a period as acting CEO from 30 June 2019 to 7 November 2019. Paul's remuneration arrangements are in line with the shareholder-approved Remuneration Policy and will be disclosed in the Directors' Remuneration Report contained within the Annual Report for the year ended 31 March 2025. Declared Dividend • Nov 14
First half dividend of UK£0.051 announced Shareholders will receive a dividend of UK£0.051. Ex-date: 28th November 2024 Payment date: 10th January 2025 Dividend yield will be 1.0%, which is lower than the industry average of 1.4%. Sustainability & Growth Dividend is covered by both earnings (23% earnings payout ratio) and cash flows (76% cash payout ratio). The dividend has increased by an average of 5.3% per year over the past 10 years. However, payments have been volatile during that time. EPS is expected to grow by 30% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Nov 14
First half 2025 earnings released: EPS: UK£0.42 (vs UK£0.39 in 1H 2024) First half 2025 results: EPS: UK£0.42 (up from UK£0.39 in 1H 2024). Revenue: UK£225.8m (up 7.7% from 1H 2024). Net income: UK£24.1m (up 8.1% from 1H 2024). Profit margin: 11% (in line with 1H 2024). Revenue is forecast to grow 4.3% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 11% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Tillkännagivande • Nov 12
Oxford Instruments plc Declares Interim Dividend, Payable on 10 January 2025 The Board of Oxford Instruments plc remains confident in the long-term performance of the business and has declared an interim dividend of 5.1 pence per share (2023: 4.9 pence per share), growth of 4.1%. The interim dividend will be paid on 10 January 2025 to shareholders on the register as of 29 November 2024. Buy Or Sell Opportunity • Oct 08
Now 23% overvalued Over the last 90 days, the stock has fallen 14% to €24.60. The fair value is estimated to be €19.96, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 4.6% per annum. Earnings are also forecast to grow by 11% per annum over the same time period. Upcoming Dividend • Jul 04
Upcoming dividend of UK£0.16 per share Eligible shareholders must have bought the stock before 11 July 2024. Payment date: 20 August 2024. Payout ratio is a comfortable 24% and the cash payout ratio is 78%. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.8%). Tillkännagivande • Jul 02
Oxford Instruments plc (LSE:OXIG) acquired FemtoTools AG. Oxford Instruments plc (LSE:OXIG) agreed to acquire FemtoTools AG for CHF 24 million on June 7, 2024. Under the terms of the acquisition, Oxford Instruments is paying an initial cash consideration of CHF 17 million, on a cash-free, debt-free basis, with a further CHF 7 million consideration conditional on FemtoTools performance over a 33-month period following completion. FemtoTools audited revenue for the 12 months to December 31, 2023 was CHF 10.6 million, with return on sales slightly below the average for the Group. The transaction is subject to certain closing conditions which are expected to be satisfied within four weeks of signing these financial statements.Oxford Instruments plc (LSE:OXIG) completed the acquisition of FemtoTools AG on July 1, 2024. Reported Earnings • Jun 12
Full year 2024 earnings released: EPS: UK£0.88 (vs UK£1.02 in FY 2023) Full year 2024 results: EPS: UK£0.88 (down from UK£1.02 in FY 2023). Revenue: UK£470.4m (up 5.8% from FY 2023). Net income: UK£50.7m (down 14% from FY 2023). Profit margin: 11% (down from 13% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Tillkännagivande • Jun 06
Oxford Instruments plc Announces Board and Committee Changes Oxford Instruments plc announced the below noted changes to the Board. Reshma Ramachandran has informed the Board that she will not be standing for re-election as a Non-Executive Director at the Company's AGM to be held on 25 July 2024 and will step down from the Board at this time, as she has been appointed to a new executive role which will restrict the time she is able to commit to the Company. Hannah Nichols, who joined the Board as a Non-Executive Director on 1 January 2024, will succeed Mary Waldner as Chair of the Audit and Risk Committee with effect from the conclusion of the AGM. Mary Waldner will stand for election at the AGM and will stand down as a Non-Executive Director on 3 February 2025 in line with best practice, as she will have served for nine years on the Board by this time. Buy Or Sell Opportunity • Apr 24
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 1.7% to €24.20. The fair value is estimated to be €19.73, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 8.3% in 2 years. Earnings are forecast to grow by 1.7% in the next 2 years. Tillkännagivande • Apr 17
Oxford Instruments plc Announces Earnings Guidance for Full Year Ended 31 March 2024 Oxford Instruments plc announced earnings guidance for full year ended 31 March 2024. For the year, revenue growth has been strong and is expected to be up around 9% at constant currency (6% at actual rates) on the prior year. Buy Or Sell Opportunity • Apr 04
Now 22% overvalued Over the last 90 days, the stock has fallen 5.7% to €23.20. The fair value is estimated to be €19.07, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 7.5% in 2 years. Earnings are forecast to grow by 2.3% in the next 2 years. Buy Or Sell Opportunity • Mar 15
Now 21% overvalued The stock has been flat over the last 90 days, currently trading at €25.60. The fair value is estimated to be €21.18, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Earnings per share has grown by 18%. Revenue is forecast to grow by 7.5% in 2 years. Earnings are forecast to grow by 2.3% in the next 2 years. Tillkännagivande • Jan 10
Oxford Instruments plc (LSE:OXIG) acquired First Light Imaging SAS for €18.7 million. Oxford Instruments plc (LSE:OXIG) acquired First Light Imaging SAS for €18.7 million on January 10, 2024. The consideration consists of €15.7 million on a cash-free, debt-free basis and €3 million in earnout related payments. As of December 31, 2023, First Light Imaging reported a revenue of €8 million.
Oxford Instruments plc (LSE:OXIG) completed the acquisition of First Light Imaging SAS on January 10, 2024. Upcoming Dividend • Nov 24
Upcoming dividend of UK£0.049 per share at 0.9% yield Eligible shareholders must have bought the stock before 30 November 2023. Payment date: 12 January 2024. Payout ratio is a comfortable 19% and the cash payout ratio is 84%. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.6%). Tillkännagivande • Nov 23
Oxford Instruments plc Appoints Hannah Nichols as an Independent Non-Executive Director, Member of the Company's Audit and Risk, Nomination, Remuneration and Sustainability Committees Oxford Instruments plc announced the appointment of Hannah Nichols as an Independent Non-Executive Director. She will be joining the Board on 1 January 2024 and will become a member of the Company's audit and risk, nomination, remuneration and sustainability committees from the same date. It is intended that Hannah will take up the role of Chair of the Company's audit and risk committee in due course. Hannah is Chief Financial Officer of Hill & Smith PLC, a leading provider of sustainable infrastructure products and services and a constituent of the FTSE 250 index on the London Stock Exchange, a role she has held since September 2019. She holds a Classics degree from the University of Cambridge and is a qualified chartered accountant. Hannah is an experienced financial professional; prior to her current executive role she had a successful 14-year career at BT Group plc, latterly serving as Chief Financial Officer, Asia, Middle East and Africa for BT Global Services, based in Singapore. She has also held a number of commercial roles at Cable & Wireless plc and qualified as a chartered accountant at Arthur Andersen. Recent Insider Transactions • Nov 18
Non-Executive Chairman of the Board recently bought €372k worth of stock On the 14th of November, Neil Andrew Carson bought around 16k shares on-market at roughly €23.23 per share. This transaction increased Neil Andrew's direct individual holding by 2x at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Neil Andrew's only on-market trade for the last 12 months. Reported Earnings • Nov 16
First half 2024 earnings released: EPS: UK£0.39 (vs UK£0.36 in 1H 2023) First half 2024 results: EPS: UK£0.39 (up from UK£0.36 in 1H 2023). Revenue: UK£209.7m (up 4.6% from 1H 2023). Net income: UK£22.3m (up 7.7% from 1H 2023). Profit margin: 11% (in line with 1H 2023). Revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. New Risk • Nov 16
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 23% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (23% accrual ratio). Minor Risk Share price has been volatile over the past 3 months (8.8% average weekly change). Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €22.80, the stock trades at a forward P/E ratio of 20x. Average forward P/E is 12x in the Electronic industry in Germany. Total returns to shareholders of 12% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €22.22 per share. New Risk • Oct 18
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. This is currently the only risk that has been identified for the company. Tillkännagivande • Sep 21
Oxford Instruments plc Re-Appoints BDO LLP as Auditor Oxford Instruments plc at its AGM held on 19 September 2023 re-appointed BDO LLP as auditor of the Company. Tillkännagivande • Jul 28
Oxford Instruments plc Announces CEO Changes On 13 April 2023 Oxford Instruments plc announced that Chief Executive Ian Barkshire is to retire and that Richard Tyson, currently Chief Executive Officer at TT Electronics plc, is to be appointed as his successor in the role. The company now delighted to confirm that Richard Tyson will join Oxford Instruments on 1 October and will take up the role of Chief Executive from that date. Ian will continue as Chief Executive until Richard joins, and will then ensure a smooth transition of leadership. Upcoming Dividend • Jul 27
Upcoming dividend of UK£0.15 per share at 0.8% yield Eligible shareholders must have bought the stock before 03 August 2023. Payment date: 12 October 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.3%). Reported Earnings • Jul 20
Full year 2023 earnings released: EPS: UK£1.02 (vs UK£0.67 in FY 2022) Full year 2023 results: EPS: UK£1.02 (up from UK£0.67 in FY 2022). Revenue: UK£444.7m (up 21% from FY 2022). Net income: UK£58.6m (up 52% from FY 2022). Profit margin: 13% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Upcoming Dividend • Jul 06
Upcoming dividend of UK£0.15 per share at 0.7% yield Eligible shareholders must have bought the stock before 13 July 2023. Payment date: 22 August 2023. Payout ratio is a comfortable 19% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (1.2%). Reported Earnings • Jun 14
Full year 2023 earnings released: EPS: UK£1.02 (vs UK£0.67 in FY 2022) Full year 2023 results: EPS: UK£1.02 (up from UK£0.67 in FY 2022). Revenue: UK£444.7m (up 21% from FY 2022). Net income: UK£58.6m (up 52% from FY 2022). Profit margin: 13% (up from 11% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 13% growth forecast for the Electronic industry in Germany. Tillkännagivande • Jun 13
Oxford Instruments plc Proposes Final Dividend, Payable on 22 August 2023 Oxford Instruments plc proposed final dividend of 14.9 pence per share was not provided at the year end and is subject to shareholder approval at the Annual General Meeting on 28 July 2023. It is expected to be paid on 22 August 2023, to shareholders on the register on the record date of 14 July 2023, with an ex-dividend date of 13 July 2023 and with the last date of election for the Dividend Reinvestment Plan (DRIP) being 01 August 2023. Upcoming Dividend • Nov 24
Upcoming dividend of UK£0.046 per share Eligible shareholders must have bought the stock before 01 December 2022. Payment date: 13 January 2023. Payout ratio is a comfortable 25% and this is well supported by cash flows. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (5.0%). Lower than average of industry peers (1.0%). Reported Earnings • Nov 09
First half 2023 earnings released: EPS: UK£0.36 (vs UK£0.29 in 1H 2022) First half 2023 results: EPS: UK£0.36 (up from UK£0.29 in 1H 2022). Revenue: UK£200.5m (up 18% from 1H 2022). Net income: UK£20.7m (up 26% from 1H 2022). Profit margin: 10% (in line with 1H 2022). Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Electronic industry in Germany. Tillkännagivande • Nov 08
Oxford Instruments Declares an Interim Dividend Payable on 13 January 2023 Oxford Instruments plc is declaring an interim dividend of 4.6 pence per share (2021: 4.4 pence per share). The interim dividend will be paid on 13 January 2023 to shareholders on the register as at 2 December 2022. Buying Opportunity • Sep 24
Now 22% undervalued after recent price drop Over the last 90 days, the stock is down 11%. The fair value is estimated to be €26.59, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 11% per annum. Earnings is also forecast to grow by 14% per annum over the same time period. Tillkännagivande • Jul 30
Oxford Instruments plc Appoints Reshma Ramachandran as Independent Non-Executive Director Oxford Instruments plc announced the appointment of Reshma Ramachandran as an Independent Non-Executive Director. She will be joining the Board on 1 September 2022 and will become a member of the Company's audit and risk, nomination, remuneration and sustainability committees from the same date. Reshma is currently the Senior Vice President & Group Head of Transformation at Adecco Group AG, a Swiss listed international talent solutions and advisory company. She holds a bachelors' and masters' degree in Technology and is an alumnus of the Indian Institute of Technology Madras, India. Additionally she holds a masters' degree in business administration from the S.P. Jain Institute of Management & Research, India. Reshma has over 20 years of experience. She is an engineer by background and has led large scale, multi-cultural teams and budgets as well as developing internal collaboration and customer focus. She has held senior roles at ABB Ltd, Alstom Power (a General Electric company) and Accenture Management Consulting. Upcoming Dividend • Jul 07
Upcoming dividend of UK£0.14 per share Eligible shareholders must have bought the stock before 14 July 2022. Payment date: 23 August 2022. Payout ratio is a comfortable 27% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of German dividend payers (4.6%). Lower than average of industry peers (1.2%). Buying Opportunity • Jul 02
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be €27.49, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 12%. For the next 3 years, revenue is forecast to grow by 4.3% per annum. Earnings is also forecast to grow by 17% per annum over the same time period. Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment deteriorated over the past week After last week's 17% share price decline to €22.20, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 20x in the Electronic industry in Germany. Total loss to shareholders of 17% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €16.82 per share. Reported Earnings • Jun 15
Full year 2022 earnings released: EPS: UK£0.67 (vs UK£0.73 in FY 2021) Full year 2022 results: EPS: UK£0.67 (down from UK£0.73 in FY 2021). Revenue: UK£367.3m (up 15% from FY 2021). Net income: UK£38.6m (down 7.7% from FY 2021). Profit margin: 11% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Over the next year, revenue is forecast to grow 2.5%, compared to a 19% growth forecast for the industry in Germany. Tillkännagivande • Jun 14
Oxford Instruments plc Proposes Final Dividend for the Year Ended March 31, 2022, Payable on August 23, 2022 The Board of Oxford Instruments plc has proposed a final dividend of 13.7 pence per share was not provided at the year end and is subject to Shareholder approval at the Annual General Meeting on July 28, 2022. It is expected to be paid on August 23, 2022, to Shareholders on the register on the record date of July 15, 2022, with an ex-dividend date of July 14, 2022. Tillkännagivande • Apr 14
Oxford Instruments plc Provides Earnings Guidance for the Full Year Ending March 31, 2022 Oxford Instruments plc provided earnings guidance for the full year ending March 31, 2022. For the period, the company expects revenue to be marginally ahead of the expectations, despite supply chain disruption and cost inflation. Valuation Update With 7 Day Price Move • Mar 01
Investor sentiment improved over the past week After last week's 29% share price gain to €29.45, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 21x in the Electronic industry in Germany. Total returns to shareholders of 44% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €17.79 per share. Upcoming Dividend • Nov 25
Upcoming dividend of UK£0.044 per share Eligible shareholders must have bought the stock before 02 December 2021. Payment date: 14 January 2022. Trailing yield: 0.8%. Lower than top quartile of German dividend payers (3.2%). In line with average of industry peers (0.7%). Reported Earnings • Nov 11
First half 2022 earnings released: EPS UK£0.29 (vs UK£0.28 in 1H 2021) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2022 results: Revenue: UK£170.1m (up 21% from 1H 2021). Net income: UK£16.5m (up 3.8% from 1H 2021). Profit margin: 9.7% (down from 11% in 1H 2021). The decrease in margin was driven by higher expenses. Executive Departure • Sep 23
Independent Non-Executive Director Thomas Geitner has left the company On the 22nd of September, Thomas Geitner's tenure as Independent Non-Executive Director ended after 8.7 years in the role. We don't have any record of a personal shareholding under Thomas' name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 5.33 years. Executive Departure • Sep 23
Senior Independent Non-Executive Director Stephen Blair has left the company On the 22nd of September, Stephen Blair's tenure as Senior Independent Non-Executive Director ended after 4.2 years in the role. We don't have any record of a personal shareholding under Stephen's name. A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 5.33 years. Upcoming Dividend • Sep 02
Upcoming dividend of UK£0.13 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 15 October 2021. Trailing yield: 0.7%. Lower than top quartile of German dividend payers (3.1%). In line with average of industry peers (0.7%). Tillkännagivande • Sep 02
Oxford Instruments plc (LSE:OXIG) completed the acquisition of WITec Wissenschaftliche Instrumente und Technologie GmbH. Oxford Instruments plc (LSE:OXIG) agreed to acquire WITec Wissenschaftliche Instrumente und Technologie GmbH for €42 million on June 16, 2021. As part of the transaction, out of €42 million, €5 million is conditional on trading performance over a period of 12 months following completion. WITec's Founders, Joachim Koenen and Olaf Hollricher will continue as Managing Directors and WITec brand will be retained in the new organizational structure. Completion is subject to regulatory approval of the transaction by the Federal Ministry for Economic Affairs and Energy (BMWi) in Germany. These conditions are expected to be satisfied during the second quarter of the Group's financial year. As of September 1, 2021, Federal Ministry for Economic Affairs and Energy (BMWi) have approved the transaction. WITec's reported unaudited revenue of €18.2 million for the twelve months to December 31, 2020. Thomas Sacher and Volker Germann, James Fletcher, Maximilian Uibelei-sen, Maria Held, Juditha von der Heydt, François Maartens Heynik, Fabian Klein, Bernd Bäumer, Michael Neary, Michael Sheng, Tracy Whiriskey, and Simon Brown of Ashurst acted as legal advisors to Oxford Instruments.
Oxford Instruments plc (LSE:OXIG) completed the acquisition of WITec Wissenschaftliche Instrumente und Technologie GmbH on September 1, 2021. Executive Departure • Aug 04
Company Secretary Susan Johnson-Brett has left the company On the 1st of August, Susan Johnson-Brett's tenure as Company Secretary ended after 14.6 years in the role. We don't have any record of a personal shareholding under Susan's name. Susan is the only executive to leave the company over the last 12 months. Reported Earnings • Jul 27
Full year 2021 earnings released: EPS UK£0.73 (vs UK£0.56 in FY 2020) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: UK£318.5m (flat on FY 2020). Net income: UK£41.8m (up 31% from FY 2020). Profit margin: 13% (up from 10% in FY 2020). Tillkännagivande • Jun 17
Oxford Instruments plc (LSE:OXIG) agreed to acquire WITec Wissenschaftliche Instrumente und Technologie GmbH for €42 million. Oxford Instruments plc (LSE:OXIG) agreed to acquire WITec Wissenschaftliche Instrumente und Technologie GmbH for €42 million on June 16, 2021. As part of the transaction, out of €42 million, €5 million is conditional on trading performance over a period of 12 months following completion. Completion is subject to regulatory approval of the transaction by the Federal Ministry for Economic Affairs and Energy (BMWi) in Germany. These conditions are expected to be satisfied during the second quarter of the Group's financial year. WITec's reported unaudited revenue of €18.2 million for the twelve months to December 31, 2020. Reported Earnings • Jun 10
Full year 2021 earnings released: EPS UK£0.73 (vs UK£0.56 in FY 2020) The company reported a solid full year result with improved earnings and profit margins, although revenues were flat. Full year 2021 results: Revenue: UK£318.5m (flat on FY 2020). Net income: UK£41.8m (up 31% from FY 2020). Profit margin: 13% (up from 10% in FY 2020). Valuation Update With 7 Day Price Move • Mar 27
Investor sentiment improved over the past week After last week's 16% share price gain to UK£22.00, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 23x in the Electronic industry in Germany. Tillkännagivande • Mar 26
Oxford Instruments plc Provides Financial Guidance for Fiscal 2021 Oxford Instruments plc announced that the revenue is expected to be marginally ahead of last year, including a small adverse impact from currency effects for the 2020/21 financial year. Tillkännagivande • Jan 29
Oxford Instruments plc Announces Executive Changes Oxford Instruments plc announced that on 26 January 2021, Alison Wood, Non-Executive Director, assumed the role of Chair of the remuneration committee. Alison has extensive remuneration committee experience. She has been a member of the Company's remuneration committee since joining the Board on 8 September 2020, chairs the remuneration committees at TT Electronics plc, Costain plc and Cairn Energy plc and previously chaired the remuneration committee at Cobham plc. In accordance with the Boards succession plan, Alison succeeds Thomas Geitner, who has been Chair of the remuneration committee since 2013. Thomas will remain a member of the committee.