Victrex is an innovative world leader in high performance polymer solutions. We are the number 1 PEEK/PAEK experts and with over 40 years’ experience, we have global reach, real scale, manufacturing and technical excellence and a diverse mix of strategic markets: Automotive, Aerospace, Energy/Industrial, Electronics and Medical.
Our purpose is to bring transformational and sustainable solutions which address the world’s material challenges, every day.
Our business offers sustainable products which are aligned to global megatrends: CO2 reduction through lighter and durable polymers replacing metal in Aerospace, Automotive and Energy, with a typical weight saving of 60%; Medical through enhanced clinical and patient outcomes, and in Electronics where our solutions support efficient processing and manufacture. With faster processing times compared to metal and recyclability potential, our polymers are tailored to support a greener planet, as well as enabling manufacturing cost savings.
Our investment case is built on our strategy of Polymer & Parts – maintaining and growing our core polymer business, whilst moving further downstream into selected semi-finished product forms and parts which further differentiate our business from competitors. As pioneers of the high performance PEEK market, our portfolio of long term growth opportunities remains strong, including our ‘mega-programmes’ which each offer sizeable opportunities. With sector leading returns, we also have a highly cash generative business model, enabling us to prioritise investment for growth first and foremost, but with the opportunity for good shareholder returns via regular or special dividends.
An innovative world leader: building the PEEK/PAEK market
No.1
PAEK capacity
Strong pipeline of medium to long-term growth opportunities
5
mega-programmes
Sustainable products with recyclability opportunities
60%
average weight-saving vs metal applications
Highly cash generative business model
£30.1m
available cash
A focused and differentiated strategy: moving downstream
7%
sales from new products
Sector leading returns
>19%
Sector leading returns (Return on Capital Employed 5 year average)
To find out more about our investment proposition
please download our Investor Overview