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news release:
Oxford Instruments Trading Update
April 2007
London, UK, 9 April 2007:
Oxford Instruments plc, the high technology
tools and systems company, is today providing an update on trading in advance of
publishing its preliminary results for the year ended 31 March 2007 on 13 June
2007.
Results for the year, before non-recurring items
and amortisation of acquired intangibles, are expected to be in line with market
expectations.
In addition, the Company is in negotiations to exit the High Field NMR
business. While the outcome of these negotiations is still uncertain, an exit
is likely to lead to a one-off non-cash write off, which is not expected to
exceed £3m.
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