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Last checked at 
5 Dec 2019 07:00
For immediate release 5 December 2019
Pre-close trading update
Porvair plc ("Porvair", "the Group" or "the Company"), the specialist filtration and environmental technologies group, announces the following trading update ahead of its close period for the year ended 30 November 2019.
Trading update
Revenue growth for the year ended 30 November 2019 will be around 13%. Constant currency growth will be around 10%, driven by strong growth in the Aerospace & Industrial division. Earnings for the year are forecast to be slightly ahead of management's expectations.
Net cash on 30 November 2019 was £3.9 million (2018: £6.6 million), after capital and acquisition expenditure of approximately £14 million. Group order books for the start of the 2020 financial year are healthy.
Date of preliminary announcement
Porvair will announce its preliminary results for the year ended 30 November 2019 on Monday 3 February 2020.
Market Abuse Regime
The information contained within this announcement is deemed by the Company to constitute inside information as stipulated under the Market Abuse Regulation. Upon the publication of this announcement via a regulatory information service, this inside information is now considered to be in the public domain.
For further information, please contact:
Porvair plc |
| 01553 765 500 |
Ben Stocks, Chief Executive |
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Chris Tyler, Group Finance Director |
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Buchanan Communications |
| 0207 466 5000 |
Charles Ryland / Steph Watson |
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Notes to editors
Porvair plc
Porvair is a group of specialist filtration and environmental technology businesses. Its businesses design and manufacture a range of bespoke consumable filtration products that are used in a range of niche filtration markets. It operates in three divisions: Aerospace & Industrial; Laboratory; and Metal Melt Quality.
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