India, June 13 -- Oxford Instruments plc (OXIG.L), a provider of high technology products and systems for industry and research, reported Friday lower profit in fiscal 2025, despite higher revenues. Orders also were higher, and the firm lifted dividend.
Looking ahead, the company said robust demand and resulting orderbook provide good visibility for the year ahead.
Further, the firm said it is confident to achieve the mid-term outcomes outlined in June 2024, including organic revenue growth of 5-8 percent CAGR, and adjusted operating margin improvement to 20 percent+.
In fiscal 2025, profit before taxation declined to 39.8 million pounds from last year's 71.3 million pounds. Earnings per share dropped to 44.3 pence from 86.5 pence a year...