Company
Porvair
LON:PRV
Porvair is a specialist filtration and environmental technology group with operations in the UK, US and Germany, employing over 500 people. The Group develops, designs and manufactures specialist filtration and separation equipment. Porvair is traded in the ISDX Exchange HERE
31 stories · page 1 of 2
Porvair expects full-year results to be ahead of market expectations
Underlying drivers of demand for its products remain in place, which includes a tightening of environmental regulation, growing analytic science and clean water among other factors
Porvair increases profits but expects supply chain and inflation issues to persist
Longer-term, it remains well-positioned to address global trends, such as tightening environmental regulation
Porvair maintains profitability through tougher second half
The group remained “consistently profitable and cash generative in the second half”, with sequential growth between the third and fourth quarters
Porvair starts new year “well” after record year
The group said it is set to benefit from global trends such as tighter environmental regulations, the expansion of air travel and the replacement of plastic by aluminium
Porvair downgraded to ‘hold’ by ShoreCap after share price rally
The filtration specialist's share price has rallied by 79% in the past year and is up 28% alone since a December update
Porvair flows higher as profits jump 40% in first half
For the six months ended 31 May, the filtration specialist reported a pre-tax profit of £7.4mln, 41% higher than the prior year, while revenues climbed 21% to £72mln
Investments and investor services
Tiziana Life Sciences lifted by journal publication
A look at the day's major movers, including Aukett Swanke, Abal, StatPro, Venn Life, Porvair, Angus Energy, KEFI, 600 Group and Polar Capital
Investments and investor services
FTSE 100 closes shade higher as investors still fret about trade
On Wall Street, stocks were heading higher, through albeit with not much gusto
Archive
US non-farm payrolls eyed as interest rate-cut expectations heat up
Economists expect non-farm payrolls to rise by 180,000 in May and the unemployment rate is predicted to remain at 3.6%.
Investors plough into Porvair after upgrade to earnings guidance
Solid performances in all of its divisions means earnings for the year just gone will be better than management had expected
Porvair gets a boost as Shore Capital starts coverage with ‘buy’ rating and implied fair value of 540p
Shore Cap's analysts said: “With the share price at a 21-month low, we regard this as an excellent opportunity to invest in a double-digit growth company with highly defendable profit streams"
Hardware & electrical equipment
Porvair sees strong order intake in the third quarter
Porvair's businesses design and manufacture a range of bespoke consumable filtration products that are used in a range of niche filtration markets.
Porvair shares rise after solid growth in first-half profit and revenue leads to 7% dividend hike
The FTSE Small Cap filtration and environmental technology company said its pretax profit for the six months to May 31 rose by 8% to £5.2mln, up from £4.9mln a year earlier
FTSE 100 crashes 2.26% as traders shun risk
FTSE 100 tanked on the day, along with other European indices
Archive
Costa Coffee demerger move hangs over Whitbread trading update
Aside from Whitbread, updates are also due in the week ahead from cruises operator Carnival, packaging firm Bunzl, struggling floorings retailer Carpetright, and pubs operator Greene King
FTSE 100 closes higher as Wall Street surges; sterling eases
FTSE 100 closed higher, as did it mid-cap cousin, FTSE 250
Archive
Wage growth could be trigger point for Bank of England interest rate hike in May
Day ahead includes the latest UK employment and average earnings data, plus trading updates from Primark owner Associated British Foods and fellow retailer JD Sports