Victrex sales remain strong in July

Polymers maker Victrex has said the group sales volumes have remained strong since the half-year end with third quarter volumes of 754 tonnes, marginally ahead of 750,000 tonnes reported the year before.

Sales orders for the beginning of the fourth quarter and new business development remain encouraging, the firm said, although it is mindful of the economic uncertainty, particularly in Europe, and the impact that could have on its customers.

"We continue to expect revenue growth year-on-year from Invibio, our biomaterial solutions business, whilst cognisant of the on-going challenges in the US healthcare market," the firm said.

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"The company remains in an excellent financial position with a healthy balance sheet, strong cash generation and no significant changes in its financial position since 31 March 2012."

The share price rose 0.49% to 1,218p by 16:37.

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