- Scientific products provider Oxford Instruments said its full-year performance was expected to be in line with expectations after it experienced a normal second-half bias and currency benefits.

Cash generation, meanwhile, was also as expected, with a 'strong' reduction of net debt to occur, it added.

'We remain confident in our ability to deliver good underlying growth from the continued implementation of our Horizon strategy,' Oxford Instruments said.

'In the next financial year we expect to see an improvement in performance on a reported basis after allowing for the impact of an anticipated currency headwind, based on current foreign exchange rates.'

At 9:15am: [LON:OXIG] Oxford Instruments PLC share price was +29p at 824p

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