Interim Management Statement

RNS Number : 0479K

Victrex PLC

25 July 2013

 



25 July 2013

Victrex plc - Interim Management Statement

'Trading in line with expectations'

Victrex plc ('Victrex'), an innovative world leader in high performance thermoplastic polymers, today releases its third quarter Interim Management Statement, covering the period from 1 April 2013 to date.

The Company continues to trade in line with market expectations, despite on-going uncertainty in the wider global economy. Group sales volume in the third quarter was 756 tonnes, in line with the previous financial year (Q3 2012: 754 tonnes). Trading in our Invibio Biomaterials business since the half year has been reassuring, with revenue in Q3 ahead of the same period last year.

Looking forward, initial order patterns in the fourth quarter across both of our business units continue to be in line with our expectations.  There have been no significant changes in the financial position of the Company since it reported its interim results on 28 May 2013.

Victrex will host an Investor Day in London on 10 October 2013. Presentations by senior management will focus on strategy and the growth opportunities being developed throughout the Group. 

Victrex will release its pre-close trading update on 8 October 2013, which will cover the period ending 30 September 2013.

Enquiries:

Victrex plc: Andrew Hanson, Head of Investor Relations Steve Barrow, Group Finance Director	01253 898121 01253 897700
MHP Communications: Nick Denton/Barnaby Fry/Ian Payne	0203 128 8100

Investor and analyst call:

A conference call for investors

and analysts will be held today, 25 July 2013 at 09.00am UK time. For more information please contact Rosa Smith at MHP Communications on 0203 128 8560.

About Victrex:

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 over 30 years of experience, we serve customers across a range of industries, from aerospace, automotive and electronics, to medical and oil and gas, delivering technology driven solutions to the challenges and opportunities they face.

 

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