Oxford Metrics has provided a trading update alongside its AGM to be held today. The group started the year with a record order book (previously disclosed as £24m) and today’s update describes the current order book level as ‘substantial’ and underpinning ‘100% visibility’ on FY23 revenue expectations. We make no changes to forecasts, but clearly this is positive news and risks to estimates (both ours and consensus) are likely to be on the upside.
09 Feb 2023
PROGRESSIVE: Oxford Metrics: Positive AGM statement – 100% visibility
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
PROGRESSIVE: Oxford Metrics: Positive AGM statement – 100% visibility
Oxford Metrics PLC (OMG:LON) | 104 0.5 0.5% | Mkt Cap: 136.7m
- Published:
09 Feb 2023 -
Author:
Ian Robertson -
Pages:
3
Oxford Metrics has provided a trading update alongside its AGM to be held today. The group started the year with a record order book (previously disclosed as £24m) and today’s update describes the current order book level as ‘substantial’ and underpinning ‘100% visibility’ on FY23 revenue expectations. We make no changes to forecasts, but clearly this is positive news and risks to estimates (both ours and consensus) are likely to be on the upside.