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AGM Statement

19 Feb 2025 07:00

RNS Number : 5955X
Oxford Metrics PLC
19 February 2025
 

19 February 2025

Oxford Metrics plc

 

("Oxford Metrics" or the "Group")

 

AGM statement

 

Oxford Metrics plc (LSE: OMG), the smart sensing and software company servicing life sciences, entertainment, engineering and smart manufacturing markets, will hold its Annual General Meeting ("AGM") at 2pm today.

At the AGM, Imogen O'Connor, Oxford Metrics CEO, will make the following statement:

"Trading in the first months of the new financial year has started in-line with management expectations and is consistent with the outlook provided at our full year results in December 2024.

Our pipelines for both divisions are building as expected with a healthy order book in our smart manufacturing division. Vicon continues to see a good spread of opportunities across all main markets and as in past years, expects to be second half weighted in terms of revenue.

The commercialisation of Vicon markerless remains on track. This new technological innovation is a key priority for the Group, and our team is focussed on the upcoming launch.

Commercial and technical synergies within our smart manufacturing division are progressing well and Sempre continues to see sales opportunities with Industrial Vision Systems solutions."

 

For further information please contact:

 

Oxford Metrics

+44 (0) 1865 261860

Imogen O'Connor, CEO

Zoe Fox, CFO

 

Deutsche Numis

 

Simon Willis / Hugo Rubinstein / Tejas Padalkar

 

FTI Consulting

+44 (0)20 7260 1000

 

+44 (0)20 3727 1000

Matt Dixon / Emma Hall / Jemima Gurney

 

 

About Oxford Metrics

 

Oxford Metrics is a smart sensing and software company that enables the interface between the real world and its virtual twin. Our smart sensing technology helps over 10,000 customers in more than 70 countries, including all of the world's top 10 games companies and all of the top 20 universities worldwide. Founded in 1984, we started our journey in healthcare, expanded into entertainment, winning an OSCAR® and an Emmy®, moved into defence, engineering and smart manufacturing. We have a strong track record of creating value by incubating, growing and then augmenting through acquisition, unique technology businesses.

 

The Group trades through its market-leading division Vicon, Industrial Vision Systems, and recently acquired, The Sempre Group. Vicon is a world leader in motion measurement analysis to thousands of customers worldwide, including Red Bull, Imperial College London, Dreamscape Immersive, Industrial Light & Magic, and NASA. Industrial Vision Systems is a specialist in machine vision software and technology for high precision, automated quality control systems trusted by blue-chip, smart manufacturing companies across the globe including BD, DePuy, Jaguar Land Rover, Johnson & Johnson, Zytronic and Alkegen. Sempre is a measurement specialist solving manufacturing challenges across multiple industries. Through their expert in-house consultants and partnerships with over 25 well-known manufacturers including Jenoptik, Renishaw and Micro-Vu, Sempre offers an extensive range of products and software to customers in aerospace, automotive, medical, energy and precision engineering.

 

The Group is headquartered in Oxford with offices in the United Kingdom, United States and Germany. Since 2001, Oxford Metrics (LSE: OMG), has been a quoted company listed on AIM, a market operated by the London Stock Exchange. For more information about Oxford Metrics, visit www.oxfordmetrics.com.

 

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