Victrex sees some recovery in sales demand

Victrex, whose high-technology PEEK polymers are used in aircraft components, car parts and surgical instruments, said that it expected profit for the full year to be in line with market expectations.

However, the company said that it was too early to judge whether demand for its plastics products is sustainable and would continue into 2010, or whether customers are merely replenishing stockpiles which had been left to run down during the recession.

Victrex’s biocompatible polymers unit Invibio, which makes medical products, saw full-year revenue rise 37% to about £34.1m.

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