Polymer specialist suffers first half setback, and prepares for Brexit
Lancashire-based Victrex, which makes world-leading polymers for the car and aerospace industries, has seen sales and pre-tax profits for the first half decline.
The Thornton Cleveleys group said the results were in line with expectations and were mainly due to automotive, the associated impact on value added resellers, the expected headwinds in consumer electronics, together with the impact of adverse currency, cost inflation and investment phasing.
Turnover for the six months to March 31, came in at £145.7m, 13% down from £1... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...