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28.NOV.07 / Announcement


Preliminary results for the year ended 30 September 2007

OMG plc, Oxford Metrics Group (LSE: OMG), (“OMG” or “the Group”) the technology group providing image understanding products and services for the entertainment, defence, life science and engineering industries, announces preliminary results for the year ended 30 September 2007.


A very good year: the headlines
• Record turnover - up 20% to £19.6m (2006: £16.3m) including £0.9m for two months of trading from Data Collection Limited (DCL) acquired at the end of July.
• At constant exchange rates, turnover up by 27%.
• Profit before tax of £1.84m (2006: £1.66m), up 11%, including £0.15m from DCL.
• Strategic investment in continuing 2d3 and Yotta start ups of £1.3m (2006: £0.3m).
• Earnings per share 2.6p (2006: 2.48p), up 5%.
• Cash balance of £6.2m (2006: £6.5m).
• Dividend increased 15% to 0.115p.
• Our biggest acquisition yet boosts Yotta to offer unique range of highway surveying products and services.
• First two Ministry of Defence contracts, worth £600,000 in total, won by our 2d3 Advanced Imaging Group (AIG) - the new division focused on Defence.
• New Vicon F Series camera successfully launched, setting new standards in motion capture technology.


An even better year: behind the headlines:
• Like-for-like* turnover up 14% to £18.5m (2006: £16.3m). Up 21% at constant exchange rates.
• Like-for-like* profit before tax of £3.0m (2006: £2.0m), up 50%.

*Excluding the net investment of £1.3m in Yotta and 2d3 AIG, and the acquisition of DCL.

Nick Bolton, Chief Executive of OMG plc, commented,


“I am delighted that yet again our results are ahead of expectations, setting new records of achievement both in revenues and profits in our traditional business, whilst our two new businesses have made excellent progress.


“Within 2d3 AIG, our MoD contract wins, which include winning the Competition of Ideas initiative, are a strong endorsement of our technology, and our recent decision to open 2d3 Inc in the US offers us an exciting opportunity to expand our presence overseas. In addition to these developments, we have made great strides within Yotta, with a number of local council contract wins and, most recently, the DCL acquisition, which has given us additional scale, experience and key relationships, which will enhance the growth of our business.


"I remain confident that with our technology we will continue to consolidate our position in the new areas of defence and street level imaging and highway data collection as well as maintain our leading position in motion capture. I am extremely excited about the many opportunities open to the company and the progress I am certain we will make in the next 12 months and beyond."

ENDS

For further information please contact:
OMG plc 01865 261800
Nick Bolton, Chief Executive
Peter Wharton, Finance Director

Financial Dynamics 020 7831 3113
Juliet Clarke / Hannah Sloane

Evolution Securities (NOMAD to OMG) 020 7071 4308
Jeremy Ellis


About OMG
OMG plc (Oxford Metrics Group. LSE: OMG) is a group of technology companies producing image understanding products and services for the entertainment, defence, life science and engineering industries. Be it for capturing the movements of actors (for the movie industry), sportsmen (for video games or improving team performance), children with Cerebral Palsy, rehab patients and animals (for medical, life science and research industries) or virtual reality displays (for engineering and development), the Group has the world leading market position and a strong international reputation for precision instruments.


Founded in 1984, the Group’s headquarters are in Oxford, UK, and it has offices in California and Colorado, USA. It has customers in over 50 countries and is a quoted company listed on AIM, a market operated by the London Stock Exchange. The Group trades through three operating subsidiaries – Vicon, the world’s biggest motion capture and movement analysis company, 2d3, a manufacturer of specialised image understanding software for entertainment and defence applications and Yotta, our 3D mapping business, which collects and analyses highway data and street level imaging and which, following the acquisition of DCL in July 2007, offers the most accurate and complete highway survey available.


Oxford Metrics’ global clients in science, medicine, sport, engineering, gaming, film, broadcast and 3D mapping include major hospitals and research facilities such as Guy's Hospital, Nuffield Orthopaedic Centre and Loughborough University, engineering industry leaders including Ford Motor Company, BMW, Airbus and Toyota, and in the entertainment sector, Sony, Industrial Light and Magic, The Moving Picture Company (MPC), Sega, Nintendo, UbiSoft, EA, Square Enix and in 3D mapping and highway surveys: Mouchel Parkman, Atkins, and Oxfordshire, Cumbria, Derbyshire and Pembrokeshire County Councils as well as many others.
For more information about OMG and its subsidiaries, visit www.omg3d.com, www.vicon.com, www.2d3.com or www.yotta.tv

 

 
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ANNUAL RESULTS 2007 - 30.SEP.07

OMG COMPANIES

Vicon
The first name in motion capture technologies for Vicon, House of Moves and Peak Performance.
2d3 Ltd.
3D geometry for visual communication businesses.

Yotta DCL
Providing highway authorities with complete visual records of their networks.
 

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