Victrex Share News (VCT)

Victrex maintains dividend as revenue, profits narrow

(Sharecast News) - Polymer specialist Victrex reported a 24% decrease in group sales volumes in its preliminary results on Tuesday, to 3,598 tonnes.

LONDON BROKER RATINGS: Barclays cuts Just Eat Takeaway price target

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning and Thursday:

LONDON BROKER RATINGS: BoA likes Dowlais; JPMorgan cuts Phoenix Group

(Alliance News) - The following London-listed shares received analyst recommendations Friday morning:

European chemical lobby warns of "perfect storm" for industry

July 19 (Reuters) - European chemical industry council Cefic warned on Tuesday that the industry is facing a "perfect storm" as production volumes are expected to drop by about 8% this year, with no immediate recovery in demand expected soon.

LONDON BROKER RATINGS: JPMorgan sees positive catalysts for Flutter

(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:

Berenberg upgrades Victrex to 'buy', cites attractive risk/reward

(Sharecast News) - Berenberg upgraded Victrex on Monday to 'buy' from 'hold' and lifted the price target to 2,090p from 1,750p, as it argued the current risk/reward is attractive.

LONDON BROKER RATINGS: JPMorgan cuts Spectris; Berenberg likes Victrex

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

LONDON BRIEFING: Entain buys Angstrom Sports; offer for Gresham House

(Alliance News) - Stocks in London are called lower on Monday, after the latest data from China pointed to a slowing economic recovery.

Broker tips: Johnson Matthey, Aston Martin, Victrex

(Sharecast News) - Deutsche Bank upgraded Johnson Matthey on Monday to 'buy' from 'hold' and lifted the price target to 2,500p from 2,300p.

China rare earth curbs big on symbolism, limited on "dollar impact"

STOXX Europe 600 up 0.4%

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Weak sentiment, banking stress won't derail capex growth: GS

STOXX Europe 600 up 0.4%

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As peak rates beckon, is conviction in credit rising?

STOXX Europe 600 up 0.4%

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Chemicals: Worst may be over but too soon to get excited

STOXX Europe 600 up 0.5%

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IN BRIEF: Victrex quarterly revenue down as impacted by destocking

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.

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.