Edition:
United Kingdom

Victrex PLC (VCTX.L)

VCTX.L on London Stock Exchange

2,602.00GBp
19 Jan 2018
Change (% chg)

32.00 (+1.25%)
Prev Close
2,570.00
Open
2,570.00
Day's High
2,616.00
Day's Low
2,570.00
Volume
865,031
Avg. Vol
283,489
52-wk High
2,772.00
52-wk Low
1,826.00

Latest Key Developments (Source: Significant Developments)

Victrex Says ‍Louisa Burdett Intents To Step Down As Group Finance Director
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Victrex Plc ::LOUISA BURDETT NOTIFIED BOARD OF INTENTION TO STEP DOWN DURING 2018 AS GROUP FINANCE DIRECTOR OF COMPANY​.‍RICHARD ARMITAGE WILL JOIN VICTREX ON 9 APRIL 2018, TAKING OVER AS GROUP FINANCE DIRECTOR FROM THAT DATE​.  Full Article

Victrex Posts FY pre-tax profit 111 Mln Stg
Tuesday, 5 Dec 2017 

Dec 5 (Reuters) - Victrex Plc ::FY REVENUE 290.2 MILLION STG.FY BASIC EPS 116.4 PENCE.FINAL DIVIDEND 41.6 PENCEPER SHARE.FY ‍TOTAL SALES VOLUMES UP 1%​.‍FY PROFIT BEFORE TAX 111.0 MILLION STG VERSUS 100.3 MILLION STG YEAR AGO.‍APPOINTS PRICEWATERHOUSECOOPERS LLP AS AUDITORS STARTING FROM FY 2018 FINANCIAL YEAR​.  Full Article

Victrex ‍brings on Jakob Sigurdsson as CEO-designate​
Monday, 4 Sep 2017 

Sept 4 (Reuters) - VICTREX PLC ::‍JAKOB SIGURDSSON JOINS VICTREX AS CEO-DESIGNATE​.JAKOB SIGURDSSON HAS STARTED AT VICTREX AS CHIEF EXECUTIVE-DESIGNATE, EFFECTIVE SEPT. 1.  Full Article

Victrex says expect tax rate to be materially lower than previous guidance
Monday, 4 Sep 2017 

Sept 4 (Reuters) - Victrex Plc ::REDUCTION IN GROUP'S EFFECTIVE TAX RATE UNDER PATENT BOX.BASED ON RECENTLY-GRANTED UK PATENTS AND FOLLOWING DISCUSSIONS WITH HER MAJESTY'S REVENUE & CUSTOMS.NOW EXPECT TAX RATE TO BE MATERIALLY LOWER THAN PREVIOUS GUIDANCE.AT A TRADING LEVEL, VICTREX CONTINUES TO BE COMFORTABLE WITH CURRENT EXPECTATIONS.  Full Article

Victrex sticks by its FY expectations after in-line Q3
Tuesday, 26 Jul 2016 

Victrex Plc : Performance continued in line with our expectations during Q3 . Remain on track for a second half improvement and are comfortable with current expectations for full year . Q3 revenue fell 6 percent to 60.6 million stg .Early planning assumptions for 2017 now suggest consumer electronics volumes will be significantly lower, compared to 2016.  Full Article

Victrex says H1 pretax profit down 12 pct
Monday, 16 May 2016 

Victrex Plc : Q2 core volumes (ex-consumer electronics) >900 tonnes, in line with record q2 2015 . H1 performance offset by electronics (down 42 pct) and oil & gas softness (down 28 pct) . Interim dividend of 11.73p (h1 15: 11.73p) . First half of 2016 was challenging for Victrex . Remain comfortable with current expectations for full year - CEO . H1 revenue -10 percent at 117 mln stg. PBT -12 pct at 47.5 mln stg .Interim dividend 11.73 penceper share.  Full Article

Victrex plc - Medical manufacturer settles charges it illegally kept high market share - Reuters News
Wednesday, 27 Apr 2016 

Victrex plc:Invibio, a division of Victrex PLC that makes a key polymer used in spinal and other medical implants, agreed to settle allegations that it demanded exclusive contracts to illegally maintain its high market share, the Federal Trade Commission said on Wednesday - RTRS.The FTC said Invibio, which makes polyetheretherketone, or PEEK, insisted on long-term, exclusive or nearly exclusive contracts to maintain its 90 percent market share.This prevented competitors from effectively entering the market, the FTC said in a statement.Under the settlement, Invibio will be barred from demanding exclusive contracts and must allow some customers to modify their contracts.A spokesman for Invibio was not immediately available for comment.  Full Article

PRESS DIGEST- British Business - Jan 18

Jan 18 The following are the top stories on the business pages of British newspapers. Reuters has not verified these stories and does not vouch for their accuracy.