Oxford Instruments Stock: Profits increase in the first half of the year!

LONDON (dpa-AFX) – Oxford Instruments plc (OXIG.L) reported pre-tax profit of £ 21.4 million in the first six months of Tuesday, September 30, 2021, up from 20.2 million in the same period last year. Previous year.

Results

Earnings per share rose to 28.7p from 27.7p in the previous year.

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Pre-tax adjusted profit increased to £ 30.2 million from £ 23.7 million during the same period last year.

The adjusted base income per share was 41.2 pence, which is higher than the previous year (32.8 pence).

Revenue for the six-month period increased to £ 170.1 million from 140.3 million in the previous year.

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The company’s board of directors has approved an interim dividend of 4.4 pence per share, which will be paid to shareholders on January 14, 2022 as of December 3, 2021.

While supply chain pressures are slowing down the conversion of orders into revenue and pushing cost inflation forward in the second half of the year, our strategic focus on many attractive end markets gives us a good start with our strong order pipeline and healthy order backlog. Status for the second half of the year. Our expectations for further improvement this year remain unchanged, ”said Ian Parkshire, CEO of Oxford Instruments plc.

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