Last checked at 5 Aug 2010 07:00
Thursday 5 August 2010
Victrex plc
Interim Management Statement
This statement comprises Victrex's Interim Management Statement covering the period from 1 April 2010 to date.
Sales have remained strong in the second half with sales volume for the four months to the end of July amounting to approximately 940 tonnes.
Invibio®, our biomaterial solutions division, has continued to trade in line with expectations, reinforcing our view that second half Invibio revenues will be broadly in line with the first half.
The Group remains in a strong financial position with a healthy balance sheet and good cash generation and there have been no significant changes in the financial position of the Company since 31 March 2010.
The Company's annual trading update for the year to 30 September 2010 will be issued on Thursday 7 October 2010.
Enquiries
Victrex plc
Mike Peacock, Finance Director 0207 357 9477 (5 August 2010)
01253 897700 (thereafter)
Hogarth
Nick Denton / Barnaby Fry / Ian Payne 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 over 30 years of 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.