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Published on: February 9, 2023

Positive AGM statement – 100% visibility

Oxford Metrics has provided a trading update alongside its AGM to be held today. The group started the year with a record order book (previously disclosed as £24m) and today’s update describes the current order book level as ‘substantial’ and underpinning ‘100% visibility’ on FY23 revenue expectations. We make no changes to forecasts, but clearly this is positive news and risks to estimates (both ours and consensus) are likely to be on the upside.

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