Interim Management Statement

RNS Number : 9477W

Victrex PLC

06 August 2009

 



Thursday 6 August 2009

Victrex plc

Interim Management Statement 

This statement comprises Victrex's Interim Management Statement covering the period from 1 April 2009 to date.

Sales volume for the four months to the end of July amounted to approximately 480 tonnes. Initially, volumes remained steady compared with the second quarter. However, in July, volume increased to 140 tonnes. While this is encouraging, it is too early to judge the extent to which this is due to restocking or a higher level of sustainable demand.

Invibio®, our biomaterials division, has continued to trade in line with expectations.

There have been no significant changes in the financial position of the Company since 31 March 2009 which remains strong with net cash and no debt.

The Company's annual trading update for the year to 30 September 2009 will be issued on Thursday 8 October 2009.

Enquiries
Victrex plc
Mike Peacock, Finance Director	01253 897700
Hogarth Partnership Limited
Nick Denton / Barnaby Fry	0207 357 9477

Victrex plc is an innovative world leader in high performance materials through the manufacture of VICTREX^® PEEK™ polymer, a high performance, easy to process thermoplastic.

 

With 30 years of experience, Victrex is a global manufacturer of innovative, high performance thermoplastic polymers. The Victrex Polymer Solutions Division (‘VPS’) is responsible for polymer business in our major industrial markets including transport, energy and electronics. The Biomaterials Solutions Division (‘Invibio’) provides specialist solutions for medical device manufacturers.

 

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