Victrex saw sales volumes slow down in the second half of 2012

On Tuesday morning high performance polymer manufacturer Victrex announced that annual group profit before tax increased to 94.5m pounds, marginally above year ago levels, much the same as its basic earnings per share of 85.7p.

On Tuesday morning high performance polymer manufacturer Victrex announced that annual group profit before tax increased to 94.5m pounds, marginally above year ago levels, much the same as its basic earnings per share of 85.7p.

That as sales volumes at its main Victrex Polymer Solutions (VPS) business progressed at a lower run-rate than in the record second half of last financial year. Thus, group revenue rose by just 2% to £219.8m for the year ending on September 30th 2012.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.