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IN BRIEF: Porvair estimates earnings to slightly beat market guidance

ALN

Porvair PLC - Norfolk, England-based environmental and specialist filtration technology firm - Estimates operating profit and margins for the financial year that ended November 30 to come in ahead of the prior year, with adjusted earnings per share set to be marginally above market expectations. Porvair expects revenue to grow by around 1%, or 2% at constant currency. It had net cash of £23 million at the financial year-end, up 68% from £13.7 million a year earlier. Full annual results will be published on February 9.

Current stock price: 774.00 pence, down 0.5% on Monday afternoon in London

12-month change: up 16%

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