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Lab.ru Consulting | News | Suppliers' news
Datedescending News
01.12.02

ORBIS BV releases the new semi automated "Manual" Distillation unit
Our philosophy behind this instrument is to obtain volume/temperature points by simply press a button.
Together with the techniques used from our ORBIS BV Manual Distillation unit, this instrument offers extrem high precision and accuracy together with a simple operation and cost efective pricing.

15.11.02

The Bruker quarterly report published under news (11/14/02) on the Bruker AXS stock report page of the Nasdaq site makes interesting reading including:
S4 Pioneer sales in the third quarter were $1.6M ie around 12-13 units.
They made a loss.
Headcount is reduced by 5%
UK manufacturing (S2) will move to Germany.

15.11.02

The Italian subsidiary of Spectro Analytical Instruments GmbH&Co has appointed six new local sales agencies. Among the appointments, Assing SpA (Monerotondo), an established distributor of electron microscopy and X-ray instrumentation, is now the exclusive agent for Spectro’s XRF products across most of Italy. Spectro Italia’s general manager, Stefano Pintossi, said that the changes brought the company "closer to our existing customer base of more than 850 installed units in Italy" and effectively doubled the commercial and technical capabilities of Spectro in the region.

15.11.02

Information just in is that Oxford have just made upto 16 people redundant. There seems to be sacking of some staff in Germany over some kind of scandle. This include Thomas Marks the once Oxford XRF manager. I will forward any further info once I know more.

13.11.02

Interim results for 2002/03

Oxford Instruments plc, the advanced instrumentation group, today announced consolidated interim results for the half year to September 2002.
- Orders from the wholly owned businesses improved to GBP 95m in challenging markets (2001: GBP 94m);
- Group turnover of GBP 95m (2001: GBP 104m) reflecting success in reducing order lead-times;
- Net borrowings reduced to GBP 10.3m (2001: GBP 11.3m);
- Operating profit before exceptional items for wholly owned businesses of GBP 1.8m (2001: GBP 2.4m);
- Pre-tax profit before exceptional items of GBP 2.3m (2001: GBP 4.3m);
- Interim dividend of 2.4p unchanged from last year.
Andrew Mackintosh, Chief Executive said: "Our businesses have performed well in challenging markets on the back of recent restructuring. The superconductivity business is now well placed for further growth, while tight cost control and additional operational improvements are being applied to the analytical and medical businesses. Our technical strength combined with our investment in improved operational capability means we are well positioned in challenging markets to drive profits and shareholder value forward."

13.11.02

We have a new website which will include the facility for purchasing sieves and paying for them by Visa on line or placing an account order.

We will also display to you your NETT purchasing prices. In order to do this you will need to enter a user name, usually your Christian name, and a password of your own choosing (up to 8 characters).

Your company may have as many user names and passwords as you require. Will you please e-mail me back with your selection of

user names
passwords

You will find the new site will be very beneficial to you.

10.11.02

THIRD QUARTER 2002
Net sales for the three months ended September 30, 2002 increased 27% to $26.9 million, compared to $21.2 million for the three months ended September 30, 2001. The net sales increase was driven by continued strong demand for our systems, particularly in the materials research segment. Excluding favorable currency effects, third quarter 2002 net sales increased 19% year-over-year.
In the third quarter of 2002, Bruker AXS took a previously announced restructuring charge of $1.8 million before taxes, primarily for its workforce and cost reduction program. Net income for the third quarter 2002, excluding the after-tax effects of the restructuring charge, was $0.3 million, or $0.01 per diluted share, compared to a net loss of $(0.3) million, or $(0.01) per diluted share, for the third quarter 2001. On a GAAP basis, the net loss for the third quarter 2002 was $(0.8) million or $(0.01) per diluted share.
Cash and cash equivalents totaled $49.1 million as of September 30, 2002.
NINE MONTHS ENDED SEPTEMBER 30, 2002
Net sales for the nine months ended September 30, 2002 increased 24% to $74.7 million, compared to $60.2 million for the nine months ended September 30, 2001. Excluding favorable currency effects, year-to-date net sales increased 21% compared to the prior year.

01.11.02

New relation between Omega systems and an ex Spectro worker:
Dr. Schramm worked for Spectro until June 2002. He started in Spectro about 8 years ago. He has a chemical background and was responsible for the development of the Xepos. His job in Spectro was the sales manager for the EDX systems in Europe. In June this year he started his own business selling sample cups and parts for sample preparation. He is now the European sales representative for a American sample preparation company (I think it is Spex). He is located in Kleve in the same building of the company HD Electronic. The owner of HD Electronic is Mr. Dzierzawa, some of you already know him. I heard from Mr. Dzierzawa and Dr. Schramm that they met Wil de Jongh jr. and that there will be a cooperation between their companies and Dr. Schramm will sell, install and train UniQuant. They are also working on a sample preparation method of glass beads for Ferro alloys. This will be finished beginning of 2003 and will be offered to UniQuant users.

01.11.02

Oxford results for the Analytical business:
The Analytical business broke even 2001 GBP 4.1 million operating profit) on turnover for the period down GBP 10.2 million (23%) to GBP 33.3 million. Demand for the semiconductor and telecommunications markets continues to be weak, particularly in the USA. However, markets in Asia remain strong across a range of industrial segments.
Continued investment in new products, including software additions to our market-leading INCA product, together with ongoing procurement savings have enabled gross margins to be maintained despite significant pricing pressure.
Staff numbers have been reduced by 60(10%) since March 2002 to reflect the reduced order level and we are currently reviewing our cost base in response to a further recent deterioration of the prospects for our products in the semiconductor industry.
In October 2002, the operation and net assets of the Process systems product line was sold to the management for a consideration primarily based on future performance. Losses on this product line were GBP 0.4 million in the first half and the disposal will result in a post-tax write-down of goodwill of approximately GBP 1.1 million in the second half. The CMI International business acquired in October 2001 is trading profitably.

01.11.02

New product - Diesel Fuel Ignition Quality Tester (IQT TM)

Research and refinery laboratory ignition quality measurement
- Accurately determines the ignition quality of diesel and alternative diesel fuels;
- Sensitive to cetane improver additives; sensitive to small CN variations;
- Improved repeatability and reproducibility over the full CN scale;
- Automated test procedure and quiet operation;
- Short test time (less than 15 minutes);
- Small sample size (less than 50 ml);
- High level of reliability, rugged system, low operating and maintenance costs;
- IP Test Method # IP PM CQ/01 (draft);
- Rapid response service.

The automated Ignition Quality Tester (IQT TM ), with patented air assisted fuel injection system, is a combustion-based analytical instrument, which enables the determination of the ignition quality of diesel fuels in a rapid, quiet and cost-effective manner. The ignition delay and derived cetane number of diesel and alternative fuels (including cetane improved diesel fuels) can be efficiently and accurately determined, in a matter of minutes. Based on the Southwest Research Institute (SwRI) constant volume combustion apparatus (CVCA) technology, the IQT TM also has the potential for use in refinery in-line operations.

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