Victrex's performance in the first half of the fiscal year was characterized by strong volume growth and cash conversion, alongside significant operational challenges and headwinds in China and the Medical division. The company's efforts to improve operational efficiency and secure major commercial contracts are positive, although ongoing issues in certain segments and currency impacts present challenges.

Company Guidance -

Q4 2025

During the Victrex Interim Results Meeting in May 2025, the company provided detailed guidance for the fiscal year. Key metrics included a 16% volume growth in the first half, with a specific 14% increase in Q2 year-on-year, driven mainly by Value Added Resellers and growth in Aerospace, Electronics & Energy, and Industrial sectors. The pre-tax profit (PBT) remained flat in constant currency, facing headwinds such as a mix impact and operational challenges in their new China plant. Despite these challenges, cash conversion was strong at 128%. The company also reported a revenue increase of 5% to GBP 145.9 million, with gross profit slightly lower by 4% at GBP 64.3 million, yet growing by 3% in constant currency. The gross margin declined by 390 basis points to 44.1%, influenced by a mix impact and currency fluctuations. Looking ahead, Victrex upgraded its volume guidance to high single digits for the year, maintained an interim dividend of GBP 0.1342 per share, and expected a full-year gross margin between 45% and 47%, slightly below initial guidance due to the mix and their China operations.

Strong Volume Growth

Victrex reported a 16% growth in volume for the first half of the fiscal year, driven by Value Added Resellers, Aerospace, Electronics & Energy, and Industrial sectors.

Cash Conversion and Financial Performance

Victrex achieved a strong cash conversion rate of 128% in the first half, with a significant improvement in cash flow, totaling GBP 30.7 million compared to GBP 18.1 million in the prior year.

Magma Mega-Programme Milestone

Victrex reached a major commercial milestone in the Magma mega-programme, indicating a significant growth opportunity with TechnipFMC and Petrobras.

Aerospace and Electronics Growth

Aerospace volumes increased by 7%, supported by increased plane deliveries from Boeing and Airbus. Electronics volumes grew by 17%, driven by strong demand in semiconductors and smart devices.

Victrex (GB:VCT) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

GB:VCT Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Dec 02, 2025	2025 (Q4)	0.18 / -	0.346	―	―	―
May 12, 2025	2025 (Q2)	0.25 / 0.22	0.27	-17.04% (-0.05)	―	―
Dec 03, 2024	2024 (Q4)	0.35 / 0.35	0.364	-4.95% (-0.02)	―	―
May 13, 2024	2024 (Q2)	- / 0.27	0.483	-44.10% (-0.21)	―	―
Dec 05, 2023	2023 (Q4)	0.36 / 0.36	0.478	-23.85% (-0.11)	―	―
May 09, 2023	2023 (Q2)	0.48 / 0.48	0.478	1.05% (<+0.01)	―	―
Dec 06, 2022	2022 (Q4)	- / 0.48	0.365	30.96% (+0.11)	―	―
May 09, 2022	2022 (Q2)	- / 0.48	0.469	1.92% (<+0.01)	―	―
Dec 06, 2021	2021 (Q4)	0.40 / 0.36	0.152	140.13% (+0.21)	―	―
May 10, 2021	2021 (Q2)	- / 0.47	0.5	-6.20% (-0.03)	―	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

GB:VCT Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
May 12, 2025	889.45p	828.51p	-6.85%
Dec 03, 2024	824.55p	943.96p	+14.48%
May 13, 2024	1194.34p	1209.22p	+1.25%
Dec 05, 2023	1302.09p	1275.13p	-2.07%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Victrex plc (GB:VCT) report earnings?

Victrex plc (GB:VCT) is schdueled to report earning on Dec 02, 2025, TBA (Confirmed).

What is Victrex plc (GB:VCT) earnings time?

Victrex plc (GB:VCT) earnings time is at Dec 02, 2025, TBA (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is the P/E ratio of Victrex plc stock?

The P/E ratio of Victrex is N/A.

What is GB:VCT EPS forecast?

GB:VCT EPS forecast for the fiscal quarter 2025 (Q4) is 0.18.

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