AGM Statement
CEO confirms trading in line with expectations, pipelines building, Vicon markerless commercialisation on track.
vs expectations: in line
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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."
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.