London · Delayed Price · Currency is GBP · Price in GBX Volex Earnings Call Transcripts
Fiscal Year 2026
-
Record revenue and margin growth were achieved, with strong performance in Off-Highway and data centers, despite declines in Medical and Consumer Electricals. The business delivered its five-year plan a year early and set new medium-term targets, while managing risks and preparing to move to the Main market.
-
A decade-long transformation has positioned the business for sustained growth, targeting $2 billion revenue and 12% margins through organic expansion, acquisitions, and operational excellence. Deep customer relationships, vertical integration, and a global footprint underpin resilience and competitive advantage.
-
First-half revenue grew 13% to $584 million with operating margin at 9.8%, driven by strong EV, data center, and off-highway performance. Despite tariff and macroeconomic headwinds, the business remains on track for its five-year growth plan and continues to invest in capacity and efficiency.
Fiscal Year 2025
-
The AGM highlighted strong Q1 FY 2026 growth, driven by key markets and operational improvements. All resolutions were processed via poll, with results to be published post-meeting. The board reaffirmed its strategic direction and commitment to shareholder engagement.
-
Delivered strong organic growth and top-end margins, with EBITDA up 21% year-over-year and EPS rising 11% annualized. On track to meet five-year targets, supported by robust performance in data centers, EV, and off-highway segments.
-
Revenue grew 30% year-on-year to over $500 million, with 9.7% organic growth and a 9.2% operating margin. Strong performance in EV, Consumer Electricals, and data centers offset softer Medical and industrial demand. Expansion and acquisitions support continued growth.