Oxford Instruments (LON:OXIG) said it delivered a stronger second half after a difficult start to the year, as improving demand from commercial semiconductor customers helped offset weaker academic markets and geopolitical uncertainty.
Chief Executive Richard Tyson told investors the company was “really pleased” with the full-year results, saying they capped “a good year” despite headwinds that particularly affected the Imaging & Analysis division early in the period. Tyson said the year ended “slightly ahead of expectations,” with quarter-on-quarter improvement in order intake and second-half orders up 8%.
