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Oxford Instruments plc enters the FTSE 250

09-09-2011 08:45 AM CET | Industry, Real Estate & Construction

Press release from: Oxford Instruments plc

The FTSE Group has announced that Oxford Instruments plc, the leading provider of high technology tools and systems for industry and research, has been promoted to the FTSE 250 index.

Jonathan Flint, Chief Executive, says “Joining the FTSE 250 is an outstanding milestone for Oxford Instruments and something all our employees can be extremely proud of. It reflects the huge steps forward the Group has made during recent times, successfully implementing a plan to double the size of the business and significantly improve margins, and meaning that in June this year the Group was able to announce the strongest financial performance in its 51 year history.

This achievement gives us further encouragement to stick to the philosophy that has served us well, and will ensure that we remain highly focused on sustaining shareholder value and achieving our new three year plan to target 14% annual revenue growth and ROS of 14% by 2014”.


Enquiries:

Oxford Instruments plc
Tel: 01865 393200

Jonathan Flint, Chief Executive
Kevin Boyd, Group Finance Director

MHP
Tel: 020 3128 8100
Rachel Hirst / Ian Payne

Oxford Instruments aims to pursue responsible development and deeper understanding of our world through science and technology. We provide high technology tools and systems for industrial and research markets, based on our ability to analyse and manipulate matter at the smallest scale. Innovation has been the driving force behind Oxford Instruments’ growth and success for over 50 years, and its strategy is to effect the successful commercialisation of these ideas by bringing them to market in a timely and customer-focused fashion.

The first technology business to be spun out from Oxford University over fifty years ago, Oxford Instruments is now a global company with over 1,700 staff worldwide and a listing on the London Stock Exchange (OXIG).

Our objective is to be a leading supplier of next generation tools and systems for research and industry. This involves the combination of core technologies in areas such as low temperature and high magnetic field environments, Nuclear Magnetic Resonance, X-ray electron and optical based metrology, electron and scanning probe microscopy and advanced growth, deposition and etching. Our products, expertise, and ideas address global issues such as energy, environment, terrorism and health and are part of the next generation of telecommunications, energy products, environmental measures, security devices, drug discovery and medical advances.

Oxford Instruments plc
Tubney Woods, Abingdon,
Oxon OX13 5QX, UK
Tel: +44 (0) 1865 393200
Fax: +44 (0) 1865 393442
Email: info.oiplc@oxinst.com
www.oxford-instruments.com

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