logo
Plus   Neg
Share
Email

Victrex Reports Solid H1 Trading - Quick Facts

Victrex plc (VCT.L) reported that its trading for the first half year has been solid and in line with expectations. Net cash position on 31 March is 42.2 million pounds, after payment of final dividend in February. The Group has facilities of 40 million pounds to October 2024.

The Group stated that although trading has remained in line with expectations year-to-date and the third quarter has shown early signs of a solid start, including some normal demand returning across parts of Asia, the macro-economic and end-market outlook over the coming months is very uncertain, particularly for Europe and the US.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Primark US Corp., affiliated to British retailer Primark Stores Ltd., is recalling Kitten Heel Court shoes citing high levels of Chromium, the U.S. Consumer Product Safety Commission said in a statement. The recall involves about 1,700 units of Primark Wide Fit Kitten Heel Court Pumps with around 1.5 inch heel. The shoes were sold in black and nude microfiber fabric. Marriott International reopened all its hotels in China while it sees a recovery in demand in the United States, Chief Executive Officer Arne Sorenson said. The company had closed majority of its hotels in China and across the world following the spread of coronavirus and related lockdowns. The hotel chain, with around 350 outlets across China, said its occupancy rate in the country is now at 40% Many retailers including Target, Walmart and CVS announced temporary store closures in various regions across the United States following violence and looting amid the unrest related to the death of George Floyd. The street protests, some peaceful and some violent, erupted across the nation after Floyd was mercilessly killed by Minnesota police.
RELATED NEWS
Follow RTT