Porvair has space to grow

A trio of huge gasification projects flattered Porvair’s (PRV) half-year numbers, but even without them the top-line is growing quickly. In fact, the filter manufacturer’s biggest problem is coping with demand, which explains why management is spending £6m on extra factory space and machinery this year. Modest upgrades by Peel Hunt “leave the potential for more later in the year,” explains the broker.

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