Porvair Plc announce an interim dividend of 2.4 pence per share

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Porvair Plc announce an interim dividend of 2.4 pence per share

The Porvair plc Directors have declared an interim dividend of 2.4 pence (H1 25: 2.2 pence) per share to be paid on 21 August 2026 to shareholders on the register at the close of business on 17 July 2026; the ex-dividend date is 16 July 2026.

Other financial highlights include:

Revenue growth of 9% on a constant currency basis1, 2% on an OCC basis:

o Aerospace & Industrial: -2% in the period (-3% on an OCC basis) against a strong comparator, particularly in petrochemicals.

o Laboratory: +3% in the period (+4% on an OCC basis) supported by growth in life sciences and continued demand in environmental testing markets.

o Metal Melt Quality: +40% in the period, +46% at constant currency, (+10% on an OCC basis) driven by the contribution from Drache and continued robust aluminium demand and strength in superalloys.

Adjusted operating margin1 13.0% (H1 25: 12.9%), an increase of 10bps.

Closing net cash £7.1m (H1 25: £17.1m; FY 25: £22.9m) after investing £21.2m (H1 25: £2.3m) in capital expenditure and acquisitions.

Capital expenditure includes the final phase of the £5.5m Hendersonville aluminium cast house project, which was delivered on time and to budget.

Companies mentioned