Volution Group (FAN)

Sector:

Construction and Building Materials

Index:

FTSE 250

420.50p
   
  • Change Today:
    -2.50p
  • 52 Week High: 448.00p
  • 52 Week Low: 336.60p
  • Currency: UK Pounds
  • Shares Issued: 197.81m
  • Volume: 11,308
  • Market Cap: £831.78m
  • RiskGrade: 270

Volution acquires ventilation firm for £11.6m

By Victoria Young

Date: Friday 10 Jul 2015

LONDON (ShareCast) - Fan supplier Volution has bought a Belgium-headquartered ventilation manufacturer for £11.6.
Volution said it would fund the acquisition of Ventilair from its existing bank and cash facilities.

The FTSE small cap company said Ventilair, which generated revenue of £10.2m last year, would help Volution expand into Europe.

Ventilair founder Kurt Declerck would step down after a transition period, Volution said in statement.

Volution chief executive Ronnie George said the companies had been trading partners for about ten years.

"The acquisition of Ventilair increases Volution's exposure to this growing market sector as well as widening the group's existing product portfolio," George said in a statement.

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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.

 

Volution Group Market Data

Currency UK Pounds
Share Price 420.50p
Change Today -2.50p
% Change -0.59 %
52 Week High 448.00p
52 Week Low 336.60p
Volume 11,308
Shares Issued 197.81m
Market Cap £831.78m
RiskGrade 270

Volution Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
94.98% below the market average94.98% below the market average94.98% below the market average94.98% below the market average94.98% below the market average
100% below the sector average100% below the sector average100% below the sector average100% below the sector average100% below the sector average
Price Trend
50.40% above the market average50.40% above the market average50.40% above the market average50.40% above the market average50.40% above the market average
21.95% above the sector average21.95% above the sector average21.95% above the sector average21.95% above the sector average21.95% above the sector average
Income
73.22% below the market average73.22% below the market average73.22% below the market average73.22% below the market average73.22% below the market average
94.12% below the sector average94.12% below the sector average94.12% below the sector average94.12% below the sector average94.12% below the sector average
Growth
11.35% above the market average11.35% above the market average11.35% above the market average11.35% above the market average11.35% above the market average
17.07% above the sector average17.07% above the sector average17.07% above the sector average17.07% above the sector average17.07% above the sector average

What The Brokers Say

Strong Buy 4
Buy 2
Neutral 3
Sell 0
Strong Sell 0
Total 9
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Volution Group Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Mar-24 23-Nov-23
Paid 07-May-24 19-Dec-23
Amount 2.80p 5.50p

Trades for 29-Apr-2024

Time Volume / Share Price
11:22 12 @ 420.50p
11:22 12 @ 420.50p
11:22 24 @ 421.50p
11:22 24 @ 421.50p
11:21 86 @ 421.50p

Volution Group Key Personnel

CEO Ronnie George
CFO Andy O'Brien
Chair Nigel Lingwood

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