Porvair profits slightly ahead of market forecasts
Porvair
674.00p
13:29 29/01/25
0.60%
4.00p
Porvair, the specialist filtration, laboratory and environmental technology businesses, has revealed that full-year profits should be "marginally" ahead of market expectations.
Alternative Energy
0.00
15:10 16/09/24
0.00%
0.00
FTSE All-Share
4,656.45
14:55 29/01/25
n/a
n/a
FTSE Small Cap
6,815.75
14:55 29/01/25
n/a
n/a
The group said in a trading update on Tuesday that it expects revenue for the year to 30 November to be around 9% higher than last year, or 13% higher at constant currency.
Meanwhile, adjusted earnings per share marginally ahead of market expectations, while net cash at the end of the fiscal year was £14m, more or less flat on last year.
The company reported in July that first-half adjusted earnings per share were down 4% year-on-year at 19.5p.