Half-year sales up 19% at Oxford Instruments:
This article was originally published in Clinica
Executive Summary
UK-based advanced instrumentation group Oxford Instruments has seen turnover rise 19% in the first half to £65.5 million. International sales accounted for 85% of turnover. After-tax profit increased to £5.9 million compared with £5.1 million in the comparable period of the previous year. CEO Peter Williams noted a small drop in profits in the MRI joint venture with Siemens and said that pricing pressures are increasingly felt in nearly all Oxford Instruments' markets.