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PRV — Porvair News Story

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UK's Porvair annual revenue edges higher on strong aerospace demand

Overview

UK filtration tech group's annual revenue rose 1% but missed analyst expectations

Adjusted pretax profit for the year beat analyst estimates

Company acquired Drache Umwelttechnik GmbH to expand Metal Melt Quality division

Outlook

Porvair expects industrial demand recovery in 2026

Company plans new product introductions in aerospace, Seal Analytical, and Porvair Life Sciences

Porvair anticipates benefit from tightening environmental regulations

Result Drivers

AEROSPACE DEMAND - Increased demand in aerospace sector in H2 contributed positively to revenue

ENVIRONMENTAL MARKET GROWTH - Laboratory division saw 9% growth in environmental markets

METAL MELT QUALITY CHALLENGES - Lower demand in auto, truck, and agriculture sectors offset by increased aluminium and superalloy demand

Key Details

MetricBeat/MissActualConsensus Estimate
FY RevenueMissGBP 194 mlnGBP 197.07 mln (3 Analysts)
FY Adjusted Pretax ProfitBeatGBP 25.10 mlnGBP 23.80 mln (3 Analysts)
FY Adjusted Operating ProfitGBP 26.20 mln
FY Operating ProfitGBP 24.50 mln
FY Pretax ProfitGBP 23.30 mln
Analyst Coverage The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", 1 "hold" and no "sell" or "strong sell" The average consensus recommendation for the industrial machinery & equipment peer group is "buy" Wall Street's median 12-month price target for Porvair PLC is GBp950.00, about 10.5% above its February 6 closing price of GBp860.00 The stock recently traded at 20 times the next 12-month earnings vs. a P/E of 18 three months ago Press Release: ID:nRSI1401Sa For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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