StockMarketWire.com - Specialist filtration and environmental technology group Porvair said it had made a "good start" to its 2019 financial year with revenue growth of 18% in the four months to 31 March and Group profits in line with expectations.
Providing a trading update at its AGM, the company admitted that the 18% revenue growth (14% in constant currency) had been boosted by the timing of a large spares order, but added that order books were healthy going forward.
Its Aerospace and Industrial division started the year strongly while the profitability of its Metal Melt Quality division was improved by a better start to the financial year in China and improved efficiencies in the US.
The firm would announce its interim results for the six months ending 31 May 2019 on 24 June 2019.
At 8:44am: [LON:PRV] Porvair PLC share price was +11p at 545p
Story provided by StockMarketWire.com
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