
("Oxford Metrics", or the "Group")
Trading Update
Group returns to YOY revenue growth
Adjusted EBIT* in line with market expectations
Oxford Metrics (LSE: OMG), the smart sensing and software company, servicing life sciences, entertainment, engineering and smart manufacturing markets, today provides the following update on trading for the financial year ended
The Group expects to report Adjusted EBIT* in line with market expectations for the financial year.
In motion capture, despite the headwinds around US academic funding changes noted at the Interim Results, Vicon delivered a resilient performance with improved activity in other geographies and end-markets. In smart manufacturing, both IVS and Sempre performance was strong, with healthy organic and inorganic growth driven by improved management and product delivery execution. As a result, overall Group revenue is expected to be broadly in line with market expectations*.
The Group finished the year with a cash balance of
Further details will be provided when Oxford Metrics announces its Preliminary Results for the financial year ended
* The Group considers FY25 market consensus at the date of this announcement to be: Revenue
For further information please contact:
Oxford Metrics |
+44 (0)1865 261860 |
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+44 (0)20 3100 2000 |
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+44 (0)20 3405 0205 |
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oxfordmetrics@almastrategic.com
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About Oxford Metrics
Oxford Metrics (LSE:OMG) is a smart sensing and measurement technology Group that serves thousands of customers in more than 70 countries. Founded in 1984, we started our journey in healthcare, expanded into entertainment, winning an OSCAR® and an Emmy®, moved into engineering and more recently, smart manufacturing. We have a strong track record of creating value by incubating, growing and then augmenting through acquisition, unique technology businesses.
The Group trades through two divisions; in motion capture its market-leading company
The Group is headquartered in Oxford with offices in the
For more information about Oxford Metrics, visit www.oxfordmetrics.com.
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