Porvair PLC AGM Trading Update (8317V)
11 Abril 2019 - 1:01AM
UK Regulatory
TIDMPRV
RNS Number : 8317V
Porvair PLC
11 April 2019
FOR IMMEDIATE RELEASE 11 April 2019
Porvair plc
AGM Trading Update
Porvair plc ("Porvair" or "the Group"), the specialist
filtration and environmental technology group, will make the
following trading update today at its Annual General Meeting:
Porvair has made a good start to its 2019 financial year,
achieving revenue growth of 18% (14% in constant currency) in the
four months ended 31 March 2019, although this is flattered by the
timing of a large spares order. The Aerospace & Industrial
division has started the year strongly. Profitability of the Metal
Melt Quality division was improved by a better start to the
financial year in China and improved efficiencies in the US.
Group profits for the period were in line with management's
expectations. Order books are healthy.
The Group will announce its interim results for the six months
ending 31 May 2019 on Monday 24 June 2019.
For further information, please contact:
Porvair plc 01553 765 500
Ben Stocks, Chief Executive
Chris Tyler, Group Finance Director
Buchanan Communications 0207 466 5000
Charles Ryland / Steph Watson
Notes to Editors:
Porvair is a group of specialist filtration, separation and
environmental technologies businesses. Its products are used in a
range of niche filtration and separation markets and are derived
from its expertise in the design and manufacture of filtration and
separation systems. It is organised into three divisions: Aerospace
& Industrial; Laboratory; and Metal Melt Quality.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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