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PORVAIR PLC

Earnings Release Sep 14, 2021

5280_rns_2021-09-14_51897c54-da65-4cda-8e52-2289d9a84a6d.html

Earnings Release

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National Storage Mechanism | Additional information

RNS Number : 6331L

Porvair PLC

14 September 2021

FOR IMMEDIATE RELEASE                                                                                            14 September 2021

Nine Month Trading Update

Porvair plc ("Porvair" or "the Group"), the specialist filtration, laboratory and environmental technology group, announces the following trading update for the nine months ended 31 August 2021.

Trading in the third quarter has been modestly ahead of expectations. Order books in industrial process, laboratory and aluminium are healthy. Aerospace orders are improving but remain below pre-pandemic levels. Supply chain dislocation is a significant near-term issue and while thus far the Group is navigating supply, logistics and inflationary pressures satisfactorily it is too early to determine to what extent they will affect full year performance.

The Group plans to issue a further pre-close trading update in December 2021.

For further information, please contact:

Porvair plc 01553 765 500
Ben Stocks, Chief Executive
James Mills, Group Finance Director
Buchanan Communications 0207 466 5000
Charles Ryland / Steph Whitmore

Notes to Editors:

Porvair is a group of specialist filtration, separation, laboratory and environmental technologies businesses.  Its products are used in a range of niche filtration and separation markets and are derived from its expertise in the design and manufacture of filtration and separation systems.  It is organised into three divisions: Aerospace & Industrial; Laboratory; and Metal Melt Quality.

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RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.

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