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Pin to quick picksVictrex Share News (VCT)

Share Price Information for Victrex (VCT)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 1,308.00
Bid: 1,300.00
Ask: 1,304.00
Change: 8.00 (0.62%)
Spread: 4.00 (0.308%)
Open: 1,296.00
High: 1,326.00
Low: 1,254.00
Prev. Close: 1,300.00
VCT Live PriceLast checked at -

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Victrex PLC - Lancashire, England-based polymer solutions company with sustainable products aiming for environmental and societal benefits in multiple end-markets - Says the third quarter ended on June 30 has seen "further improvement" in average selling prices due to price increases, sales mix and currency. However, the firm sees ongoing "macro-economic weakness and destocking across several end markets". Says quarterly revenue is down 23% to GBP72.2 million from GBP93.4 million the year before, as group volume is down 38% to 818 tonnes, compared to 1,323 tonnes the year before. Says the quarter weakness is driven by Electronics, Energy & Industrial and Value Added Reseller. Looking ahead, says its Medical uni is performing strongly, as year-to-date revenue continues to track up double-digit.

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6 Jul 2023 07:50

Victrex confident despite broader economic weakness

(Sharecast News) - Polymer specialist Victrex said in an update on Thursday that despite ongoing macroeconomic weakness and destocking across multiple end markets, it was optimistic about its positioning for a broader economic recovery.

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