OverviewSuggest Edit

Victrex is a company that provides PEEK and PAEK-based polymer solutions. It serves the aerospace, automotive, energy, electronics, manufacturing and engineering, and medical markets.
TypePublic
Founded1993
HQLancashire, GB
Websitevictrex.com
Employee Ratings3.4

Latest Updates

Employees (est.) (Nov 2020)987
Job Openings1
Revenue (FY, 2018)£326 M(+13%)
Share Price (Nov 2020)£20.2
Cybersecurity ratingAMore

Key People/Management at Victrex

Andrew Hanson

Andrew Hanson

Director of Investor Relations & Corporate Communications Email
Jakob Sigurdsson

Jakob Sigurdsson

Chief Executive Officer
Martin Court

Martin Court

Executive Director & Chief Commercial
Richard Armitage

Richard Armitage

Group Finance Director
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Victrex Office Locations

Victrex has offices in Lancashire, Middlesbrough, Rotherham, Stonehouse and in 8 other locations
Lancashire, GB (HQ)
Victrex Technology Centr, Hillhouse International, Thornton Cleveleys
Middlesbrough, GB
Seal Sands
Rotherham, GB
Gin House Lane
Stonehouse, GB
Stonedale Rd
Shanghai, CN
Part B Building G, No. 1688 Zhuanxing Road, Xinzhuang Industry Park
Hofheim am Taunus, DE
Langgasse 16
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Victrex Financials and Metrics

Victrex Revenue

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Victrex's revenue was reported to be £326 m in FY, 2018 which is a 12.3% increase from the previous period.
GBP

Revenue (H1, 2019)

145.7m

Gross profit (H1, 2019)

87.4m

Gross profit margin (H1, 2019), %

60%

Net income (H1, 2019)

44.2m

EBIT (H1, 2019)

49.7m

Market capitalization (13-Nov-2020)

1.8b

Closing stock price (13-Nov-2020)

20.2

Cash (31-Mar-2019)

49.1m
Victrex's current market capitalization is £1.8 b.
Annual
GBPFY, 2016FY, 2017FY, 2018

Revenue

252.3m290.2m326.0m

Revenue growth, %

(4%)15%12%

Cost of goods sold

93.6m106.4m118.0m

Gross profit

158.7m183.8m208.0m
Half Year
GBPH1, 2017H1, 2018H1, 2019

Revenue

130.9m166.6m145.7m

Cost of goods sold

48.5m60.3m58.3m

Gross profit

82.4m106.3m87.4m

Gross profit Margin, %

63%64%60%
Annual
GBPFY, 2016FY, 2017FY, 2018

Cash

64.0m120.1m71.2m

Accounts Receivable

37.7m32.4m33.6m

Inventories

61.8m61.5m69.3m

Current Assets

174.8m229.5m257.6m
Half Year
GBPH1, 2017H1, 2018H1, 2019

Cash

86.0m64.8m49.1m

Inventories

66.3m62.8m85.3m

Current Assets

202.7m203.7m180.4m

PP&E

257.3m254.7m254.1m
Annual
GBPFY, 2016FY, 2017FY, 2018

Net Income

82.5m99.5m110.6m

Depreciation and Amortization

15.6m17.6m18.0m

Inventories

(3.4m)200.0k(7.1m)

Accounts Payable

(3.3m)5.6m1.9m
Half Year
GBPH1, 2017H1, 2018H1, 2019

Net Income

39.7m55.5m44.2m

Depreciation and Amortization

8.1m9.0m8.4m

Inventories

(3.7m)(2.1m)(16.3m)

Accounts Payable

9.5m(700.0k)(10.7m)
GBPFY, 2016

Financial Leverage

1.2 x

P/E Ratio

16.2
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Victrex Operating Metrics

FY, 2016H1, 2017FY, 2017H1, 2018FY, 2018H1, 2019

Sales Volume (Energy and Other Industrial), tonnes

485 267 555 334 680 333

Sales Volume (Transport), tonnes

869 463 929 523 1.04 k480

Sales Volume (Value Added Resellers), tonnes

1.40 k802 1.69 k867 1.77 k733

Sales Volume, tonnes

3.95 k1.86 k3.99 k2.26 k4.41 k1.90 k
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Victrex Acquisitions / Subsidiaries

Company NameDateDeal Size
Zyex Group LimitedApril 06, 2017
Kleiss Gears, Inc.July 21, 2015
Invibio (Beijing) Trading Co., Limited
Invibio Device Component
Invibio Device Components
Invibio Inc
Invibio Knees Limited
Invibio Limited
Juvora Limited
Manufacturing Inc.
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Victrex Revenue Breakdown

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Victrex revenue breakdown by business segment: 17.1% from Medical and 82.9% from Industrial

Human Capital Metrics

Victrex's employees are reported to be approximately 21% female and 79% male.
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Victrex Cybersecurity Score

Cybersecurity ratingPremium dataset

A

91/100

SecurityScorecard logo

Victrex Environment, Social & Governance (ESG) Ratings

CSRHub ESG ratingPremium dataset

40-49

out of 100

CSRHub logo

Victrex Online and Social Media Presence

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Victrex News and Updates

Global Aircraft Flame-Retardant Films Markets Report, 2019-2024 with Profiles of Key Players - The E. I. du Pont de Nemours and Co, Victrex, Solvay, Madico

DUBLIN, June 27, 2019 /PRNewswire/ -- The "Aircraft Flame-Retardant Films Market by Aircraft Type, by Material Type, by Blanket Type, and by Region, Trend, Forecast, Competitive Analysis, and Growth Opportunity: 2019-2024" report has been added to ResearchAndMarkets.com's offering. This...

Modified PEEK Global Market 2018 Top Key Players – Victrex, Solvay, Evonik, ZYPEEK, Kingfa, JUSEP and Forecast to 2023

Wiseguyreports.Com Added New Market Research Report On -“Modified PEEK Market 2018 Key Players, Applications and Future Demand Forecast to 2023 ”. Posted via Industry Today. Follow us on Twitter @IndustryToday

Polyether Ether Ketone (PEEK) Market Forecast to 2022| Top manufacturers- Victrex, Solvay, Panjin Zhongrun, JiLin Joinature

Polyether Ether Ketone (PEEK) Market Latest Developments by Type, by End-Users/Application, by Region - Forecast and Business Outlook Posted via Industry Today. Follow us on Twitter @IndustryToday

Electric Insulator Market Analysis and Prediction by Leading Manufacturers: TORAY, Victrex, Solvay, ABB

A new research study from HTF MI with title Global Electric Insulator Sales Market Report 2018 provides an in-depth assessment of the Electric Insulator including key market trends, upcoming technologies, industry drivers, challenges, regulatory policies, key players company profiles and strategies.…

Global Polyether Ether Ketone (PEEK) Market: latest Trend, Analysis and Forecast

The study provides a decisive view on the PEEK market by segmenting the market based on applications. All the application segments have been analyzed based on present and future trends and the market is estimated from 2017 to 2022. Posted via Industry Today. Follow us on Twitter @IndustryToday

Victrex Blogs

Magma continues production to maintain sense of normality

Magma continues production to maintain sense of normality during the Covid-19 pandemic and social distancing measures. The post Magma continues production to maintain sense of normality appeared first on Magma Global.

C-Innovation selects m-pipe for Flexi-Coil intervention

Magma has been selected by C-Innovation to supply m-pipe® jumpers for flowline intervention in the Gulf of Mexico. The 4-inch diameter 10ksi m-pipes are expected to be deployed in the next few months. The post C-Innovation selects m-pipe for Flexi-Coil intervention appeared first on Magma Global.

Shell & Magma to qualify cryogenic flexible for LNG

Shell and Magma sign agreement to qualify cryogenic flexible for LNG. Single Polymer Composite project exploits Magma’s high-end manufacturing facility The post Shell & Magma to qualify cryogenic flexible for LNG appeared first on Magma Global.

A sour service deployment

A close look at Eni’s m-pipe deployment James Priddy, Senior Engineer, shares the experience and technical aspects of a deployment of subsea carbon fibre and peek jumpers for Italian operator Eni, working alongside installation contractor Bourbon. This article explains why Magma’s m-pipe was selecte…

Magma salutes pioneers of subsea flexibles on D-Day

75th anniversary of D-day and the first subsea flowline deployment. Today we pay tribute to the pioneers of the first spooled subsea pipe deployment as part of the commemorations of the 75th anniversary of D-Day, which takes place today at our home city of Portsmouth. The post Magma salutes pioneer…

40 years of PEEK performance

It has been 40 years since the invention of the polymer that helps make m-pipe so highly capable. Magma is helping Victrex to celebrate at OTC. Come and join us at booth #505 and pick up a copy of our exclusive magazine: M-PIPE MATTERS The post 40 years of PEEK performance appeared first on Magma Gl…
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Victrex Frequently Asked Questions

  • When was Victrex founded?

    Victrex was founded in 1993.

  • Who are Victrex key executives?

    Victrex's key executives are Andrew Hanson, Jakob Sigurdsson and Martin Court.

  • How many employees does Victrex have?

    Victrex has 987 employees.

  • What is Victrex revenue?

    Latest Victrex annual revenue is £326 m.

  • What is Victrex revenue per employee?

    Latest Victrex revenue per employee is £330.3 k.

  • Who are Victrex competitors?

    Competitors of Victrex include Omnova Solutions, PolyOne and Croda International.

  • Where is Victrex headquarters?

    Victrex headquarters is located at Victrex Technology Centr, Hillhouse International, Thornton Cleveleys, Lancashire.

  • Where are Victrex offices?

    Victrex has offices in Lancashire, Middlesbrough, Rotherham, Stonehouse and in 8 other locations.

  • How many offices does Victrex have?

    Victrex has 12 offices.