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(Sharecast News) - Smart sensing and software firm Oxford Metrics said on Friday that H1 trading was "on track", with both interim revenue and adjusted pre-tax profits expected to be in line with management expectations.
Oxford Metrics said momentum during H1 continued across both divisions, with its Vicon unit securing new contracts across all main markets and in March, while the build out of its smart manufacturing division progressed with a number of new contract wins and the appointment of a new managing director.
The AIM-listed group also noted that, based on current US tariff policy, it does not anticipate this to have a material impact. However, it also said it was continuing to monitor "this and other macroeconomic factors".
Oxford Metrics added that, reflecting its normal seasonal pattern, revenue was expected to be second-half weighted.
As of 1010 BST, Oxford Metrics shares were down 0.33% at 48.09p.
Reporting by Iain Gilbert at Sharecast.com
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