Victrex (GB:VCT) has released an update.
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Victrex PLC reports a 4% increase in full-year volumes despite a 5% decline in group revenue, attributed to medical destocking and currency impacts. The company focuses on growth for FY 2025, with robust pricing and strategic advancements in key mega-programmes such as aerospace composites and e-mobility. Improved cash conversion and strong cost control are expected to support profitability and shareholder returns.
For further insights into GB:VCT stock, check out TipRanks’ Stock Analysis page.
