6th Jun 2019 09:20
LONDON (Alliance News) - Porvair PLC on Thursday said it expects its interim profit to be ahead than the previous year as it continued to trade in line with management's expectations.
The specialist filtration company said it continued to trade "well" in the six months to May 31, with revenue growth of 20%.
As at the end of may, net cash was "just over" GBP3 million, the company said, after investing around GBP3 million in capital expenditure and acquisitions.
Porvair shares were trading 0.7% higher at 544.00 pence each.
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