Oxford Metrics’ year end trading update highlights another strong period of delivery for the group, with FY’17 revenue and adjusted PBT both expected to be slightly ahead of expectations. Net cash at the year end of £9.8m is also ahead of our £9.4m forecast. FY’17 is the first year of the group’s five-year growth plan and both Vicon and Yotta are beginning to see the benefit of the increased investment in the year. Oxford Metrics continues to provide investors with an attractive mix of IP led, m ....
19 Oct 2017
N+1 Singer - Oxford Metrics - FY’17 slightly ahead, strategic plan on track
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N+1 Singer - Oxford Metrics - FY’17 slightly ahead, strategic plan on track
Oxford Metrics PLC (OMG:LON) | 106 0 0.0% | Mkt Cap: 138.7m
- Published:
19 Oct 2017 -
Author:
Oliver Knott -
Pages:
3
Oxford Metrics’ year end trading update highlights another strong period of delivery for the group, with FY’17 revenue and adjusted PBT both expected to be slightly ahead of expectations. Net cash at the year end of £9.8m is also ahead of our £9.4m forecast. FY’17 is the first year of the group’s five-year growth plan and both Vicon and Yotta are beginning to see the benefit of the increased investment in the year. Oxford Metrics continues to provide investors with an attractive mix of IP led, m ....