Porvair profits jump 27 per cent

Specialist filtration and environmental technology group Porvair yesterday unveiled a 27 per cent increase in pre-tax profits to £3.1m for the six months ended 31 May. Revenue rose eight per cent to £38.6m and net debt fell 22 per cent to £3m. “The board remains cautious about the general economic outlook but the second half has started well and we currently expect to see growth across the business in the rest of 2013,” said chief executive Ben Stocks. “There remains plenty of opportunity in the Porvair businesses.”