Victrex’s versatile polymer

Victrex makes most of the world’s supply of PEEK, the material it invented 40 years ago.

939_MW_P30_companies

Dyson is one of many customers using PEEK in its products
(Image credit: © 2018 Bloomberg Finance LP)

Imagine a company that invented a new material 40 years ago. This material is so light and durable it is used to manufacture vital components for many of the things we take for granted. Imagine the firm sold more than £300m worth of the material in its most recent financial year, earning a return on capital of 27%. Imagine it is British, listed in London, and valued at about 18 times debt-adjusted profit.

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Richard Beddard

Richard Beddard founded an investment club before joining Interactive Investor as an editor at the height of the dotcom boom in 1999. in 2007 he started the Share Sleuth column for Money Observer magazine, which tracks a virtual portfolio of shares selected for the long-term by Richard. His career highlights include interviewing Nobel prize winners, private investors and many, many company executives. 

 

Richard is freelance writer who invests in company shares and funds through his self-invested personal pension. He has worked as a teacher and in educational publishing, and is a governor at University Technology College, Cambridge. He supports the Livingstone Tanzania Trust, a charity supporting education and enterprise in Tanzania. 

 

Richard studied International History and Politics at the University of Leeds, winning the Drummond-Wolff Prize for "distinguished work in the field of international relations".