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Volution ( (GB:FAN) ) has provided an announcement.
Volution Group plc announced a positive trading update for the first four months of FY 2025 with a revenue increase of 1.3% to approximately £123 million. The company reported organic growth, improved operating margins, and strong cash flow. Strong performance was seen in the UK residential market, and growth in revenue was noted in Continental Europe, while Australasia faced challenges particularly in New Zealand. The company has also made advancements in ESG initiatives, including increased use of recycled plastics in production. With the completion of the Fantech acquisition, Volution anticipates further growth in revenue and operating profit for the year.
More about Volution
Volution Group plc is a leading international designer and manufacturer of energy efficient indoor air quality solutions. The company comprises 29 key brands across the UK, Continental Europe, and Australasia, focusing on providing innovative ventilation products and systems.
YTD Price Performance: 31.68%
Average Trading Volume: 772,195
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £1.11B
Learn more about FAN stock on TipRanks’ Stock Analysis page.
