Market Updates
Europe Movers: Porvair
Inga Muller
30 Jun, 2025
Frankfurt
Porvair Plc. declined 3.9% to 742.0 pence after the UK-based provider of filtration and separation solutions for various industries reported results for the first six months of 2025 ending on May 31.
Revenue increased to £97.7 million from £94.6 million, profit edged up to £9.3 million from £9.0 million, and earnings per share rose to 20.0 pence from 19.5 pence a year ago.
Revenue in the aerospace and industrial segment climbed 10%, laboratory sales were up 1%, and metal melt sales were down 6% from a year ago, respectively.
The company said aluminum and superalloy demand remained strong, while foundry operations weighed on the sales results, and the company made a £5.5 million cast shop investment.
Net cash at May 31 was £17.1 million, compared to £4.1 million a year earlier.
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