OXFORD INSTRUMENTS (OXIG) A great story continues
The leading provider of high technology tools and systems for industry and research announced cracking half year results for the six months to 30th Sept2011.
Revenue was up 41% to £159m including organic growth of 30%, adjusted profit before tax up 76% to £18.7m and adjusted earnings per share up 62% to 28.2p. The Group commented on continued growth in China with orders up 53% and order intake as a whole up 24% to £175m. The interim dividend was lifted 10% to 2.77p
The shares have had a great time in 2011 rising over 90% over course of 12 months…
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