Volex plc (GB:VLX) has released an update.
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Volex plc has kicked off the financial year with a strong start, reporting a 9.0% growth in constant currency organic revenue, driven by the electric vehicle and data centre sectors. The company’s recent expansions in several international locations position them to better serve customers adjusting their supply chains for localized production. Volex’s first-quarter performance and ongoing investments have the Board optimistic about the company’s ability to advance its strategic goals and meet yearly expectations.
For further insights into GB:VLX stock, check out TipRanks’ Stock Analysis page.
