Porvair Plc - Trading Update

Porvair plc

 

Trading update

Porvair, the specialist filtration and environmental technologies Group, today issues a trading update for the six months ended 31 May 2019.

Porvair has continued to trade well, delivering revenue growth of 20% in the period.  Profit for the period and earnings per share are expected to be ahead of the prior year and trading is in line with management's expectations.  Net cash at 31 May 2019 was just over £3 million after investing around £3 million in capital expenditure and acquisitions in the period.

The Group interim results will be announced on Monday 24 June 2019.  An analyst briefing will be held at 9.30 a.m. that day at Buchanan, 107 Cheapside, London, EC2V 6DN.