UK's Victrex shares fall on weaker outlook for first half of 2026

Victrex

06/02/2026 08:26

** UK-based high-performance polymer manufacturer Victrex VCTX.L down 6% at 654p

** Co expects H1 2026 performance to be weaker than H1 2025, reflecting a softer end to Q1 and currency headwinds weighted to the first half

** Jefferies analysts say Victrex continues to flag a second half-weighted performance, but they remain sceptical about its achievability

** Say they are 10% below FY26 consensus PBT, add while the gap has narrowed recently, consensus is expected to drift lower

** YTD, stock has risen 6.26%

 (Reporting by Tuhina in Bengaluru)

 ((Tuhina@thomsonreuters.com))