Victrex plc (VCT)

Sector:

Industrial Chemicals

Index:

FTSE 250

863.00p
   
  • Change Today:
    -13.00p
  • 52 Week High: 1,548.00p
  • 52 Week Low: 831.00p
  • Currency: UK Pounds
  • Shares Issued: 87.03m
  • Volume: 256,155
  • Market Cap: £751.11m
  • RiskGrade: 112
  • Beta: 1.56

Dividend Data

  30-Sep-2330-Sep-2230-Sep-2130-Sep-2030-Sep-19
Interim Dividend13.42p13.42p13.42pn/a13.42p
Final Dividend46.14p46.14p46.14p46.14p46.14p
Total Dividend59.56p59.56p59.56p46.14p59.56p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 30-Sep-23 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19
Continuing Operations          
Revenue 307.00 341.00 306.30 266.00 294.00
Operating Profit/(Loss) 73.20 88.50 93.40 64.00 104.10
Net Interest 0.60 0.20 n/a n/a 0.70
Profit Before Tax 72.50 87.70 92.50 63.50 104.70
Profit After Tax 61.00 75.50 72.80 54.20 92.40
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 61.00 75.50 72.80 54.20 92.40
Attributable to:          
Equity Holders of Parent Company 61.00 75.50 73.20 54.20 92.40
Minority Interests n/a n/a (0.40) n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 70.90p 87.60p 84.30p 62.60p 107.20p
Earnings per Share - Diluted 70.50p 87.30p 84.00p 62.50p 106.90p
Earnings per Share - Adjusted 77.70p 95.00p 83.40p 62.60p 107.20p
Continuing and Discontinued EPS          
Earnings per Share - Basic 70.90p 87.60p 84.30p 62.60p 107.20p
Earnings per Share - Diluted 70.50p 87.30p 84.00p 62.50p 106.90p
Earnings per Share - Adjusted 77.70p 95.00p 83.40p 62.60p 107.20p
           
Dividend per Share 59.56p 59.56p 59.56p 46.14p 59.56p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 30-Sep-23 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19
Assets          
Non-Current Assets          
Property, Plant & Equipment 351.20 347.20 305.70 273.70 260.80
Intangible Assets 18.70 20.20 24.80 26.40 27.40
Investment Properties n/a n/a n/a n/a n/a
Investments 9.10 10.40 11.40 12.30 8.20
Other Financial Assets 13.80 10.10 12.70 8.00 8.00
Other Non-Current Assets 15.30 22.10 23.10 18.20 19.60
  408.10 410.00 377.70 338.60 324.00
Current Assets          
Inventories 134.50 86.80 70.30 98.50 92.20
Trade & Other Receivables 47.20 68.10 49.10 32.10 45.00
Cash at Bank & in Hand 33.40 58.70 74.90 73.10 72.50
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 3.40 18.00 43.30 7.20 2.50
  218.50 231.60 237.60 210.90 212.20
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 626.60 641.60 615.30 549.50 536.20
           
Liabilities          
Current Liabilities          
Borrowings 6.80 2.70 1.80 1.50 n/a
Other Current Liabilities 38.90 81.90 54.20 36.50 53.00
  45.70 84.60 56.00 38.00 53.00
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings 43.40 29.40 14.10 5.60 n/a
Provisions 34.00 34.30 31.60 24.90 21.60
Other Non-Current Liabilities 2.50 2.70 1.90 n/a n/a
  79.90 66.40 47.60 30.50 21.60
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 125.60 151.00 103.60 68.50 74.60
           
Net Assets 501.00 490.60 511.70 481.00 461.60
           
Capital & Reserves          
Share Capital 0.90 0.90 0.90 0.90 0.90
Share Premium Account 61.90 61.50 61.10 55.00 52.30
Other Reserves 3.40 (0.80) 1.80 3.20 1.80
Retained Earnings 432.80 427.20 445.40 419.00 406.60
Shareholders Funds 499.00 488.80 509.20 478.10 461.60
           
Minority Interests/Other Equity 2.00 1.80 2.50 2.90 n/a
Total Equity 501.00 490.60 511.70 481.00 461.60
Cash Flow 30-Sep-23 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19
Net Cash Flow From Operating Activities 41.70 80.00 127.10 69.40 80.10
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities (32.30) (16.20) (83.20) (29.50) 38.40
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (33.70) (82.40) (41.70) (38.70) (118.10)
Net Increase/Decrease In Cash (24.30) (18.60) 2.20 1.20 0.40
Ratios - based on IFRS 30-Sep-23 30-Sep-22 30-Sep-21 30-Sep-20 30-Sep-19
Continuing Operations          
PE Ratio - Adjusted 18.1 17.6 28.6 29.2 20.1
PEG - Adjusted n/a 1.3 0.9 n/a n/a
Earnings per Share Growth - Adjusted -18% 14% 33% -42% -17%
Dividend Cover 1.30 1.60 1.40 1.36 1.80
Revenue per Share 353.13p 392.42p 3.57p 307.62p 341.30p
Pre-Tax Profit per Share 83.39p 100.92p 1.08p 73.44p 121.55p
Operating Margin 23.84% 25.95% 30.49% 24.06% 35.41%
Return on Capital Employed 12.69% 16.30% 0.17% 13.05% 22.82%
Continuing & Discontinued Operations          
PE Ratio - Adjusted 18.1 17.6 2,829.5 29.2 20.1
PEG - Adjusted n/a 0.0 n/a n/a n/a
Earnings per Share Growth - Adjusted -18% 11,185% -99% -42% -17%
Dividend Cover 1.30 1.60 0.01 1.36 1.80
           
Dividend Yield 4.2% 3.6% 2.5% 2.5% 2.8%
Dividend per Share Growth n/a n/a 29.09% (22.53%) n/a
Operating Cash Flow per Share 47.97p 92.06p 146.59p 80.26p 92.99p
Cash Incr/Decr per Share (27.95p) (21.41p) 0.026p 1.39p 0.46p
Net Asset Value per Share (exc. Intangibles) 554.77p 541.33p 561.56p 525.73p 504.06p
Net Gearing 3.37% -5.44% -11.59% -13.80% n/a

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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