REG - Porvair PLC - AGM Trading Update

PorvairAnnouncement

14/04/2022 07:16

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RNS Number : 3412I  Porvair PLC  14 April 2022

For immediate release
 
                      14 April 2022

 

Porvair plc ("Porvair" or "The Group")

 

AGM Trading Update

 

Porvair plc, the specialist filtration, laboratory and environmental
technology group, will make the following trading statement today at its
Annual General Meeting:

In the four months ended 31 March 2022, revenue growth was 14%, supported by
the timing of the Kbio acquisition in February 2021.  Without acquisitions
and at constant currency, revenue was up around 10%, with all three divisions
showing growth. Near-term supply dislocations and inflationary pressures
continue but the Group has avoided major problems thus far. Order books are in
some cases flattered by extended lead times, but looked at on an underlying
basis remain healthy.

The Group will announce its interim results for the six months ending 31 May
2022 on Monday 4 July 2022.

 

For more information, contact:

 

 Porvair plc
 Ben Stocks, Chief Executive          01553 765 500
 James Mills, Group Finance Director  01553 765 500

 Buchanan Communications              0207 466 5000
 Charles Ryland / Steph Whitmore

 

 

Notes to Editors

Porvair is a group of specialist filtration, separation and environmental
technologies businesses.  Its products are used in a range of niche
filtration and separation markets, and are derived from its expertise in the
design and manufacture of filtration and separation systems.  It is organised
into three divisions: Aerospace & Industrial; Laboratory; and Metal Melt
Quality.

 

 

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