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To accelerate the
breakthroughs that
create a brighter future
for our world.

Annual Report 2024

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Oxford Instruments Annual Report 2024

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2024 adjusted financial highlights*

Revenue
£470.4m
+9.8% at constant currency
Adjusted operating profit
£80.3m
+3.7% at constant currency
Adjusted EPS
109.0p
(3.3%)
Return on capital employed
29.1%
(580) basis points
New CEO and leadership team develop refreshed strategy to drive growth and margin expansion
Action taken to focus resources on non-sensitive areas in China and grow revenue in other regions
Carbon reduction goals accelerated to achieve net zero in Scopes 1 and 2 by 2030
£75m state-of-the-art compound semiconductor facility in Severn Beach now operational

A strong platform
for growth

Our Chair, Neil Carson, talks
about another good year
for Oxford Instruments.

Read the Chair's statement

Robust financial
performance and a
refreshed strategy
through a new lens

Our CEO, Richard Tyson, sets out a
new strategy for the Group to enable
us to fulfil our strong potential.

Read the CEO's review

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At a glance

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Our business model

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Our strategy

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Our operations review

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*Adjusted items exclude the amortisation and impairment of acquired intangible assets, acquisition items, other significant non-recurring items, and the mark-to-market movement of financial derivatives.

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