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Victrex PLC (GB:VCT)
LSE:VCT
Holding GB:VCT?
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Earnings Data
Report Date
May 19, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
―Last Year’s EPS
21.63Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:May 13, 2019
|% Change Since: 19.19%
|Next Earnings Date:Dec 04, 2018
Earnings Call Sentiment|Neutral
The earnings call presented a mixed outlook. While there were positive developments such as volume growth, strong cash conversion, and strategic investments paying off, there were significant challenges in the form of medical sector destocking, profitability pressures, and currency headwinds. The overall sentiment reflects cautious optimism with key areas needing improvement.Company Guidance
In the recent Victrex full year results call, several key metrics and guidance for FY 2024 were discussed. The company reported a solid 4% increase in full-year volumes, with a notable 15% rise in the second half compared to the first. Despite challenges such as ongoing medical destocking, which impacted profitability and gross margins, the company maintained a robust average selling price (ASP). The financial position improved significantly, with a cash conversion rate of 114% and a reduction in inventory. Looking ahead, Victrex anticipates a return to growth, driven by demand normalization and expectations for mid-single-digit volume growth in FY 2025. The company also plans to enhance margins through improved asset utilization and lower raw material costs. Furthermore, Victrex has completed its major investment phase and expects lower capital expenditures in the coming years, alongside continued cost control measures and strategic initiatives to underpin future profitability.Solid Volume Improvement
Full year volumes were up 4%, and there was a 15% increase in the second half versus the first half of FY '24.
Good Cash Conversion
Cash conversion was strong at 114% during the year, and inventory has been unwinding according to plan.
Completion of Investment Phase
Victrex has completed its major investment phase, leading to lower CapEx expected in the coming years.
Strong Aerospace Performance
Aerospace volumes were up 15% for the full year, with new application growth and increased build rates.
Commercial Operation in China
Victrex has begun operations at its new China facility, with a potential significant contribution to top-line growth in future years.
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GB:VCT Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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GB:VCT Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Dec 03, 2024 | 838.97p | 960.46p | +14.48% |
| May 13, 2024 | 1215.22p | 1230.36p | +1.25% |
| Dec 05, 2023 | 1324.85p | 1297.42p | -2.07% |
| May 09, 2023 | 1508.34p | 1363.31p | -9.62% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does Victrex PLC (GB:VCT) report earnings?
Victrex PLC (GB:VCT) is schdueled to report earning on May 19, 2025, TBA Not Confirmed.
What is Victrex PLC (GB:VCT) earnings time?
Victrex PLC (GB:VCT) earnings time is at May 19, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is the P/E ratio of Victrex PLC stock?
The P/E ratio of Victrex is N/A.
What is GB:VCT EPS forecast?
Currently, no data Available
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