Andor Technology (AIM:AND) – profit warning but a decent business

Today’s profit warning from the manufacturer of high performance scientific digital cameras follows recent reports of weakening markets from instrumentation group Oxford Instruments. It remains a cracking business although it would be nice to see the Chief Exec hold a few more shares It’s not all bad news with performance for the first 6 months of the financial year in line with the Company’s expectations. The order book (more on that below) at 31 March 2013 was up 6% to £12m and sales of the Group’s mid-range camera portfolio were up 24% on the same period last year. But market…