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Victrex Continues To Trade In Line With Market Expectations(dpa-AFX International Compact Via Acquire Media NewsEdge) LONDON (dpa-AFX) - Victrex Plc. (VCT.L), a provider of performance polymer solutions, Wednesday said in an Interim Management Statement for the period from April 1 to date that it continued its strong and broad based performance during the period. Third quarter Group sales volume, covering the period from April 1 to June 30, climbed 21 percent to 911 tonnes, reflecting continued momentum in the core Victrex Polymer Solutions or VPS business, good growth in Speciality Products and some new business in the Consumer Electronics market. In the Invibio medical business, third-quarter revenue was 3 percent ahead of the prior year period, which saw the start of recovery in the Spine market. The firm noted that its Consumer Electronics opportunity, as highlighted at the interim results, would come through at a slightly softer margin than typical VPS business. "With our growth momentum remaining strong and a robust outlook across our markets, we continue to trade in line with market expectations," the firm said. Copyright RTT News/dpa-AFX |