StockMarketWire.com - Filtration and environmental technology group Porvair booked a 41% rise in first-half profit, driven by strength at its aerospace division.

Pre-tax profit for the six months through May rose to £7.4m, up from £5.2m on-year.

Revenue rose 21% to £72.0m.

The company declared an interim dividend of 1.7p per share, up 6% on-year.

'Porvair has started 2019 strongly, with demand in aerospace and industrial markets more than offsetting the effects of global trade disturbances seen in some of our smaller product lines,' chief executive Ben Stocks said.

'The group's new product pipeline is promising and investment in more capacity has continued.'

'Order books for the second half are robust and prospects are encouraging.'


At 9:15am: [LON:PRV] Porvair PLC share price was +25p at 589p



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