Volex (VLX)

Sector:

Electronic and Electrical Equipment

Index:

FTSE AIM 50

367.50p
   
  • Change Today:
    -5.00p
  • 52 Week High: 389.00
  • 52 Week Low: 198.80
  • Currency: UK Pounds
  • Shares Issued: 184.53m
  • Volume: 545,393
  • Market Cap: £678.15m
  • RiskGrade: 228

Diploma and JTC among Berenberg's top industrial picks for 2025

By Benjamin Chiou

Date: Wednesday 22 Jan 2025

LONDON (ShareCast) - (Sharecast News) - Berenberg has highlighted is key picks in the UK-listed industrials sector for 2025, saying it continues to favour "quality compounders" and cyclical stocks with good exposure to a recovery in end-markets.
The outlook for the sector is still largely uncertain after a mixed 2024, Berenberg said, with elevated interest rates likely to hamper a global cyclical industrial recovery.

"Destocking continues to play out yet has eased further, PMIs remain negative, rates remain stubbornly high. Yet there are now diverging regional outlooks, and among the challenges there are signs of encouragement," the broker said.

The US is its preferred region, with Trump's pro-growth and protectional policies likely to benefit industrial companies domestically, while Europe and China remain challenging and the UK appears "stable, if anaemic".

"We think it too early to go fully cyclical, at least in H1 2025; however, we think the right approach is to have some cyclicality. Equally, we continue to favour quality compounders, or where value creation or special situation events offer asymmetric returns."

Berenberg named compounders - companies that can deliver sustainable, long-term growth with recurring revenues - like Diploma and JTC, "both of which have long-term track records of organic and inorganic outperformance and double-digit EPS growth".

Halma and Renew Holdings were also highlighted, which are both expected to have attractive long-term profit growth and decentralised compounder models which de-risk M&A.

As for more cyclical stocks, the broker prefers: Coats on the back of a new CEO and CFO, as well as recent significant operational improvements; Volex, with sentiment likely to rebound after a failed bid for TT Electronics; Clarkson which should benefit from a reinvigorated US energy policy and a decarbonisation trend; and Inchcape, due to a significant improvement in fundamentals over 2024.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Volex Market Data

Currency UK Pounds
Share Price 367.50p
Change Today -5.00p
% Change -1.34 %
52 Week High 389.00
52 Week Low 198.80
Volume 545,393
Shares Issued 184.53m
Market Cap £678.15m
RiskGrade 228

Volex Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.24% below the market average66.24% below the market average66.24% below the market average66.24% below the market average66.24% below the market average
31.43% below the sector average31.43% below the sector average31.43% below the sector average31.43% below the sector average31.43% below the sector average
Price Trend
61.02% above the market average61.02% above the market average61.02% above the market average61.02% above the market average61.02% above the market average
25.71% above the sector average25.71% above the sector average25.71% above the sector average25.71% above the sector average25.71% above the sector average
Income
54.17% below the market average54.17% below the market average54.17% below the market average54.17% below the market average54.17% below the market average
37.5% below the sector average37.5% below the sector average37.5% below the sector average37.5% below the sector average37.5% below the sector average
Growth
65.20% above the market average65.20% above the market average65.20% above the market average65.20% above the market average65.20% above the market average
87.88% above the sector average87.88% above the sector average87.88% above the sector average87.88% above the sector average87.88% above the sector average

What The Brokers Say

Strong Buy 5
Buy 0
Neutral 0
Sell 0
Strong Sell 0
Total 5
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Volex Dividends

  Latest Previous
  Final Interim
Ex-Div 31-Jul-25 28-Nov-24
Paid 05-Sep-25 09-Jan-25
Amount 3.00p 1.50p

Trades for 01-Aug-2025

Time Volume / Share Price
16:12 160,116 @ 368.65p
16:52 11,709 @ 367.15p
16:52 1,291 @ 367.15p
16:36 767 @ 367.50p
16:36 498 @ 367.50p

Volex Key Personnel

CFO Jon Boaden

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