Trading Statement

RNS Number : 8796V

Porvair PLC

04 June 2008

 



For immediate release                                                                                                       4 June 2008

Porvair plc ('Porvair' or 'the Group')

Trading Update

Porvair, the specialist filtration and environmental technologies group, today issues a trading update for the six months ended 31 May 2008.

The Group has performed well during the first half of 2008.  Revenue growth is expected to exceed 10% with both divisions contributing. Operating profit in the period is also expected to show double-digit

percentage growth, in line with market expectations.

During the period the Group has invested in organic growth opportunities and acquisitions. Toolturn, the engineering business acquired in March, is integrating well.  The expansion of aviation filtration capacity was finished on time and within budget. Several of the Group's key growth projects are now contributing to sales and profits and their forward orders underpin the Board's expectations for future growth.

Current order books are healthy and Porvair remains active in looking at further acquisitions which complement the Group's current activities.

The Company will be announcing its interim results for the six months ended 31 May 2008 on Tuesday, 24

June 2008. There will be an analyst briefing at 9.30 am at Buchanan Communications, 45

Moorfields, London, EC2Y 9AE. 

For more information, please contact:

Porvair plc
Ben Stocks, Chief Executive	01553 765 500
Chris Tyler, Group Finance Director	01553 765 500
Buchanan Communications	0207 466 5000
Charles Ryland / Susanna Gale

Notes to editors:

Porvair is a group of specialist filtration and environmental technology businesses. Its products are used in a

range of niche filtration markets, and are derived from its expertise in the development and manufacture of

porous and microporous ceramics, metals, plastics and carbons.

 

END

 

 

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