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Pin to quick picksVictrex Regulatory News (VCT)

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AGM and Interim Management Statement

8 Feb 2011 07:00

RNS Number : 8216A
Victrex PLC
08 February 2011
 



For Stock Exchange release at 7.00 a.m. Tuesday 8 February 2011

 

Victrex plc

 

AGM and Interim Management Statement

 

At the Annual General Meeting of Victrex plc to be held today, Chairman Anita Frew will make the following statement which comprises Victrex's Interim Management Statement covering the period from 1 October 2010 to date:

 

"We are pleased to report that Group sales volume for the 1st quarter ended 31 December 2010 amounted to 682 tonnes, a 43% increase over the 478 tonnes recorded in the same quarter in the previous financial year. This strong performance has continued through January 2011 to date. Although forward visibility on sales volumes remains limited, underlying trends are encouraging across all our major market segments. As was anticipated, gross margins have been maintained in-line with those of the second half of the financial year ended 30 September 2010.

 

The Group remains in an excellent financial position with a healthy balance sheet, strong cash generation, and no significant changes in the financial position of the Company since 30 September 2010."

 

The Company's trading update for the six months to 31 March 2011 will be issued on Thursday 7 April 2011.

 

Enquiries

 

Victrex plc

Anita Frew, Chairman 0203 128 8100 (8 February 2011)

David Hummel, Chief Executive 01253 897700 (thereafter)

Peter Bream, Finance Director

 

MHP Communications

Nick Denton / Barnaby Fry / Ian Payne 0203 128 8100

 

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 experience, Victrex is a global manufacturer of innovative, high performance thermoplastic polymers. We work with customers and end users to deliver technology driven solutions to the challenges and opportunities they face. Our Victrex Polymer Solutions division ('VPS') focuses on our transport, industrial and electronics markets and our Invibio Biomaterial Solutions division ('Invibio') focuses on providing specialist solutions for medical device manufacturers.

This information is provided by RNS
The company news service from the London Stock Exchange
 
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Date   Source Headline
8th Feb 20117:00 amRNSAGM and Interim Management Statement
31st Jan 20114:36 pmRNSTotal Voting Rights
19th Jan 20112:33 pmRNSDirector/PDMR Shareholding
13th Jan 201111:59 amRNSHolding(s) in Company
10th Jan 20117:00 amRNSBoard Change
4th Jan 20113:30 pmRNSAnnual Information Update
4th Jan 20113:21 pmRNSTotal Voting Rights
22nd Dec 201012:43 pmRNSAnnual Financial Report
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9th Dec 20109:27 amRNSHolding(s) in Company
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8th Dec 201010:00 amRNSHolding(s) in Company
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1st Dec 201010:58 amRNSBlocklisting Interim Review
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31st Aug 201012:16 pmRNSTotal Voting Rights
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5th Aug 20107:00 amRNSInterim Management Statement
5th Aug 20107:00 amRNSBoard Change
3rd Aug 201010:47 amRNSDirector Declaration
28th Jul 201012:53 pmRNSHolding(s) in Company
19th Jul 20102:48 pmRNSDirector/PDMR Shareholding
2nd Jul 20101:06 pmRNSDirector Declaration
30th Jun 20102:46 pmRNSTotal Voting Rights
22nd Jun 201011:06 amRNSDirector/PDMR Shareholding
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7th Jun 20101:48 pmRNSDirector/PDMR Shareholding
2nd Jun 20102:37 pmRNSDirector/PDMR Shareholding
2nd Jun 201010:15 amRNSBlocklisting Interim Review
1st Jun 20103:49 pmRNSTotal Voting Rights
1st Jun 20103:34 pmRNSDirector/PDMR Shareholding
25th May 20107:00 amRNSHalf Yearly Report
18th May 20104:28 pmRNSDirector/PDMR Shareholding
30th Apr 201011:58 amRNSTotal Voting Rights
23rd Apr 201010:53 amRNSDirector Declaration
19th Apr 20102:52 pmRNSDirector/PDMR Shareholding
19th Apr 201011:41 amRNSHolding(s) in Company
12th Apr 20103:52 pmRNSHolding(s) in Company
9th Apr 20101:43 pmRNSHolding(s) in Company
8th Apr 20107:00 amRNSTrading Update

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