Oxford Instruments - Suspension of Interim Dividend
Suspension of Interim Dividend
However, considering current uncertainty, we are taking all necessary internal actions to manage our cost base and cash resources prudently. In light of these actions, together with future measures that are being assessed to navigate through these difficult times, the Board feels that it is appropriate to suspend payment of the interim dividend, which was due to be paid on 14 April.
Ian Barkshire, Chief Executive
Gavin Hill, Group Finance Director
Rachel Hirst / Alice McLaren
- Ends -
Issued for and on behalf of
Notes to Editors
Oxford Instruments designs, supplies and supports high-technology tools and systems with a focus on research and industrial applications. Innovation has been the driving force behind Oxford Instruments' growth and success for 60 years, supporting its core purpose to address some of the world's most pressing challenges.
The first technology business to be spun out from Oxford University, Oxford Instruments is now a global company and is listed on the FTSE250 index of the
Their portfolio includes a range of core technologies in areas such as low temperature and high magnetic field environments; Nuclear Magnetic Resonance; X-ray, electron, laser and optical based metrology; atomic force microscopy; optical imaging; and advanced growth, deposition and etching.
Oxford Instruments is helping enable a greener economy, increased connectivity, improved health and leaps in scientific understanding. Their advanced products and services allow the world's leading industrial companies and scientific research communities to image, analyse and manipulate materials down to the atomic and molecular level, helping to accelerate R&D, increase manufacturing productivity and make ground-breaking discoveries.
This information is provided by RNS, the news service of the
Quick facts: Oxford Instruments PLC
Market Cap: £788.06 m
NO INVESTMENT ADVICE
The Company is a publisher. You understand and agree that no content published on the Site constitutes a recommendation that any particular security, portfolio of securities, transaction, or investment strategy is...FOR OUR FULL DISCLAIMER CLICK HERE