Last checked at 6 Aug 2009 07:00
RNS Number : 9477W
Victrex PLC
06 August 2009
Thursday 6 August 2009
Victrex plc
Interim Management Statement
This statement comprises Victrex's Interim Management Statement covering the period from 1 April 2009 to date.
Sales volume for the four months to the end of July amounted to approximately 480 tonnes. Initially, volumes remained steady compared with the second quarter. However, in July, volume increased to 140 tonnes. While this is encouraging, it is too early to judge the extent to which this is due to restocking or a higher level of sustainable demand.
Invibio®, our biomaterials division, has continued to trade in line with expectations.
There have been no significant changes in the financial position of the Company since 31 March 2009 which remains strong with net cash and no debt.
The Company's annual trading update for the year to 30 September 2009 will be issued on Thursday 8 October 2009.
| Enquiries | |
| Victrex plc | |
| Mike Peacock, Finance Director | 01253 897700 |
| Hogarth Partnership Limited | |
| Nick Denton / Barnaby Fry | 0207 357 9477 |
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 30 years of experience, Victrex is a global manufacturer of innovative, high performance thermoplastic polymers. The Victrex Polymer Solutions Division (‘VPS’) is responsible for polymer business in our major industrial markets including transport, energy and electronics. The Biomaterials Solutions Division (‘Invibio’) provides specialist solutions for medical device manufacturers.
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