victrex plc said friday that revenue rose 9 in the first quarter of fiscal 2022 and that its expectations for the full year are unchanged at this early stage the uk supplier of polymers said that for the quarter ended dec 31 revenue was 746 million pounds 1012 million compared with gbp687 million for the same period of the previous year sales volumes rose to 1025 metric tons up 16 on the prior year the company said the company said that despite headwinds including currency raw material costs and increasing energy inflation it expects further improvements in volume across several of its end markets victrex said it remains on plan to deliver yearonyear growth in fiscal 2022 the company said capital expenditure in the year will be around gbp60 million and that it will be focused mostly on china capacity uk asset improvement and its megaprograms our second and third quarters will see stronger comparators and as previously communicated we do not expect to enjoy the restocking benefit seen in value added resellers during the prior year our price recovery program is progressing well although additional recent increases in energy and raw material costs mean that progress on margin improvement may be held back particularly in the second half chief executive jakob sigurdsson said