Victrex PLC
8 March 2001
8 March 2001
Victrex plc
trading update
Since the AGM in January, demand has continued to grow ahead of expectations.
Sales volume for the five months ended 28 February 2001 was more than 760
tonnes. This represents an increase of more than 40% over the volume achieved
for the first five months of last year (537 tonnes), and is already well above
the record volume of 693 tonnes sold in the whole of the second half of last
year.
As a result, existing capacity expansion plans have been accelerated to
address a temporary supply constraint caused by this rate of growth.
The interim announcement of the Company's results for the six months ended 31
March 2001 will be made on Tuesday 12 June 2001.
- Ends -
For further information please contact:
Victrex plc
David Hummel, Chief Executive 0207 357 9477
Michael Peacock, Finance Director (8 March 2001)
01253 897700
(Thereafter)
Hogarth Partnership Limited
Nick Denton / Nick Lockwood 0207 357 9477
Victrex plc is an innovative, world-leading, high performance materials group.
It has manufacturing plants and research facilities in the UK, and sales and
distribution centres serving over 30 countries world-wide. It is the sole
manufacturer of PEEKa polymer.
PEEKa polymer is a high performance plastic with a unique combination of
properties, which include exceptional chemical, wear, electrical and
temperature resistance, as well as dimensional stability and numerous process
capabilities. These properties enable engineers to produce cost-effective
designs for critical applications in such diverse markets as the industrial,
aerospace, automotive, electronics, food and medical sectors.
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