Victrex FY Results - Willu Invest

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    Victrex FY Results

    Full Year results stated:

    2017 revenue of £3,992m up 15% on a reported basis
    Gross profit of £183.3m increased by 16%
    Profit before tax grew by 11% to £111m
    Net cash of £120.1m
    Finance Director, Louisa Burdett, has announced that she is stepping down, having spent four years with Victrex, to be replaced by Richard Armitage
    Shares trade on 2018 P/E and EV/EBITDA multiples of 19.5x

    As of 8.34am the stock was trading up c.3.7% at c. 2500p


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