Oxford Instruments Delays Preliminary Results Announcement

Why we think this is neutral

The RNS announcement indicates a delay in the publication of Oxford Instruments' preliminary results for FY2024/25, due to the auditors requesting additional time to complete standard audit procedures. This is a routine administrative update and does not contain any significant positive or negative news about the company's performance or outlook.

Key Points

Delay in announcement of preliminary results for FY2024/25
Delay due to auditors requesting additional time to complete standard audit procedures
Results to be announced at the earliest possible opportunity
Previous trading update indicated a strong performance in line with market expectations

Summary

The scientific technology company has delayed the announcement of its preliminary results for the previous financial year, citing the need for additional time by its auditors to complete standard procedures.

Oxford Instruments plc, a leading provider of high technology products and services, has announced a delay in the publication of its preliminary results for FY2024/25. The delay is due to the Group's auditors, BDO LLP, requesting further time to complete their standard audit procedures. The results will be announced at the earliest possible opportunity. As previously communicated in the full year trading update on 15 April, the Group delivered a strong performance in line with market expectations.

GENERAL UPDATE

OXIG