Victrex has many of the hallmarks of a very good business, but without sustainable profits growth it will struggle to reward long term investors.
One of the key characteristics I look for in a company is its ability to solve problems for its customers. Problem solvers have the potential to carve out very profitable niches for themselves that can be hard for competitors to copy. If the markets for niche products can grow then you may have the ingredients for an outstanding long-term investment.
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