Volution (GB:FAN) has released an update.
Maximize Your Portfolio with Data Driven Insights:
- Leverage the power of TipRanks' Smart Score, a data-driven tool to help you uncover top performing stocks and make informed investment decisions.
- Monitor your stock picks and compare them to top Wall Street Analysts' recommendations with Your Smart Portfolio
Volution Group plc reported a solid financial performance for the year ended 31 July 2024, with a 6% increase in revenue to £347.6 million and an 11.7% rise in adjusted operating profit at £78.0 million. Adjusted basic earnings per share grew by 8.5%, and the company announced an increment in the annual dividend to 9.0 pence, a 12.5% hike from the previous year. The firm also highlighted its strategic acquisitions, including the post-year-end agreement to acquire the Fantech Group, marking its largest acquisition to date.
For further insights into GB:FAN stock, check out TipRanks’ Stock Analysis page.
