The earnings call presented a mixed picture, with strong volume growth and cash conversion offset by operational challenges in China, currency headwinds, and a decline in Medical revenues. The positive developments in volume growth and mega-programme milestones are tempered by flat profit figures and operational setbacks.

Company Guidance

In the May 2025 Victrex Interim Results Meeting, the company provided detailed guidance on various financial and operational metrics. For the first half of the fiscal year, volume growth was a strong 16%, with notable increases in Aerospace, Electronics & Energy, and Industrial sectors. Revenue was up 5% to GBP 145.9 million, but PBT remained flat in constant currency due to mix impacts and operational challenges at their new China plant. The company reported a robust cash conversion of 128%. Guidance for the full year includes high single-digit volume growth, an ASP range of GBP 72 to GBP 75 per kilogram, and a gross margin target of 45% to 47%. Challenges such as currency impacts, which contributed a GBP 4.6 million headwind in H1, are expected to persist, with a full-year impact of GBP 8 million to GBP 9 million. Despite these challenges, the company remains optimistic about the second half, particularly in sectors like Aerospace and Medical, and is targeting stable PBT compared to the prior year's second half.

Strong Volume Growth

Victrex reported a strong 16% volume growth in the first half of 2025, primarily driven by Value Added Resellers, Aerospace, Electronics & Energy, and Industrial sectors.

Significant Mega-Programme Milestone

The company achieved a major commercial milestone in its Magma mega-programme, indicating potential for significant growth opportunities.

High Cash Conversion

Victrex demonstrated strong cash conversion at 128%, indicating effective cash management and operational efficiency.

Improved Asset Utilization

Victrex achieved better asset utilization, contributing a GBP 2.6 million tailwind from better utilization, with a 20% increase in production volumes.

Positive Outlook for Aerospace

Aerospace volumes increased by 7%, with strong growth expectations from key players like Boeing and Airbus, and emerging opportunities in Advanced Air Mobility.

Sustainable Solutions Growth

Sustainable Solutions revenue increased by 6%, with continued strong performance anticipated in Energy & Industrial sectors.

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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