Edition:
India

Victrex says expect tax rate to be materially lower than previous guidance


Monday, 4 Sep 2017 

Sept 4 (Reuters) - Victrex Plc ::REDUCTION IN GROUP'S EFFECTIVE TAX RATE UNDER PATENT BOX.BASED ON RECENTLY-GRANTED UK PATENTS AND FOLLOWING DISCUSSIONS WITH HER MAJESTY'S REVENUE & CUSTOMS.NOW EXPECT TAX RATE TO BE MATERIALLY LOWER THAN PREVIOUS GUIDANCE.AT A TRADING LEVEL, VICTREX CONTINUES TO BE COMFORTABLE WITH CURRENT EXPECTATIONS.