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Pin to quick picksVictrex Regulatory News (VCT)

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Market Cap: £540.17m
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Interim Management Statement

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 divisionhas 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.

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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