CME, new financial framework and trading update
Porvair hosts Capital Markets Event, announces medium-term financial framework targeting 10%+ revenue growth and 16-18% operating margins
vs expectations: slightly ahead
- Ten-month adjusted operating profit margin slightly ahead of prior ten-month period
- Net cash position modest
- Medium-term revenue growth target 10%+
- Medium-term organic revenue growth target mid-single-digit constant currency
- Medium-term adjusted operating profit margin target 16-18%
- Medium-term adjusted EPS growth target 10-20%
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Porvair plc, the specialist filtration, laboratory and environmental technology group, will today host a Capital Markets Event (“CME”) for analysts and investors at 13:30 BST in London, with registration from 13:00 BST. Ahead of the CME, the Group announces a trading update for the ten months ended 30 September 2026.
Current trading and outlook
Further to the nine-month trading update announced on 22 September 2026, the Group has continued to trade well with a strong start to the final quarter. All three divisions are showing organic revenue growth, with the Group’s adjusted operating profit margin being slightly ahead of the prior ten-month period. The Group remains in a modest net cash position, excluding lease liabilities, despite having completed the acquisition of Drache Umwelttechnik GmbH, Carekem Limited and GV Filtri Industriali S.r.l. during the period. The Board expects trading to be slightly ahead of full-year market expectations, supported by a diversified customer base, strong recurring revenue streams and disciplined operational management.
No additional information on current trading will be disclosed at the CME.
Capital Markets Event, including new medium-term financial framework
The event will showcase the next phase of the Group's development following more than 20 years of consistent compounding. The presentation will highlight Porvair's portfolio of specialist technology businesses, which benefit from attractive end markets, mission-critical products, technical differentiation, high recurring revenues and disciplined capital allocation.
Attendees will gain insight into Porvair’s future ambition, strategic priorities and the structural growth drivers supporting demand across its Aerospace & Industrial, Laboratory, and Metal Melt Quality divisions. Demonstrations of the Group’s products and technologies from across the portfolio will provide attendees with first-hand experience of the Group’s specialist approach and expertise.
The Group will also provide further detail on the new medium-term financial framework set out below:
Total revenue growth of 10%+
Mid-single-digit organic constant currency revenue growth
Adjusted operating profit margins to reach 16 – 18%1
Adjusted EPS growth of 10 – 20%
Operating cash flow conversion of 85%+
Return on Invested Capital of 18%+
Presentation materials will be made available at the start of the event at www.porvair.com. A recording of the event will be made available as soon as is practicable.
1 FY31 range
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