Victrex PLC (OTCPK:VTXPF)

$ 10.264 0 (0%) Market Cap: 953.51 Mil Enterprise Value: 1.02 Bil PE Ratio: 24.66 PB Ratio: 1.64 GF Score: 72/100

Q1 2021 Victrex PLC Interim Management Statement Call Transcript

Feb 12, 2021 / 08:30AM GMT

Release Date Price: $32

Transcript

Operator

Hello, and welcome to the Victrex Q1 IMS call. (Operator Instructions) Just to remind you, this conference call is being recorded.

Today, I'm pleased to present Jakob Sigurdsson, CEO. Please go ahead with your meeting.

Jakob O. Sigurdsson

Victrex plc - CEO & Executive Director

Yes. So good morning, everybody, and welcome to the conference call for Victrex's Q1 Interim Management Statement. As a reminder, Q1 covers the period from the 1st of October through the 31st of December in 2020. I'm also joined today by Richard Armitage, our CFO; and Andrew Hanson, our Head of IR.

I'd like to first summarize the headlines, and then I'll let Richard cover the financials, including cash and inventory. And I'll come back and cover the outlook. We will then open the call up to questions and answers.

So turning to the performance headlines. Overall, we saw a positive start of the financial year 2021, and we have seen the incremental improvement, which we talked about in December, continue. So the first quarter was slightly ahead of our

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