Volution Group (FAN)

Sector:

Construction and Building Materials

Index:

FTSE 250

527.00p
   
  • Change Today:
      31.50p
  • 52 Week High: 560.00
  • 52 Week Low: 242.00
  • Currency: UK Pounds
  • Shares Issued: 198.07m
  • Volume: 450,498
  • Market Cap: £1,043.81m
  • RiskGrade: 270
  • Beta: 0.70

Liberum raises target price on Volution

By Iain Gilbert

Date: Thursday 22 Jul 2021

LONDON (ShareCast) - (Sharecast News) - Analysts at Liberum raised their target price on ventilation products supplier Volution from 377.0p to 520.0p on Thursday, citing ongoing momentum.
Liberum stated Volution had reported "strong trading" through the second half of the year, with revenue for the full year now projected to exceed £270.0m - around 7% better than it had expected.

The bank also said that Volution had kept its margins at around 21% in the second half, which it thinks shows that the group had passed on cost pressures, such as rising input costs and higher inbound freight charges, and had also managed the challenge of materials availability.

"Volution has guided that it expects revenue to exceed £270m for the year to July 2021 and to record EPS of 20.5p. We have upgraded our 2021 estimates accordingly, by 8% at the EPS level. We have carried this upgrade into 2022 and beyond as the base is stronger," said Liberum.

Liberum added that Volution, a corporate client of the bank, expects to close the 2021 financial year with a leverage of 1.0x, which gives it the capacity to continue to pursue acquisitions.

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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 527.00p
Change Today 31.50p
% Change 6.36 %
52 Week High 560.00
52 Week Low 242.00
Volume 450,498
Shares Issued 198.07m
Market Cap £1,043.81m
Beta 0.70
RiskGrade 270

Volution Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.03% below the market average93.03% below the market average93.03% below the market average93.03% below the market average93.03% below the market average
89.19% below the sector average89.19% below the sector average89.19% below the sector average89.19% below the sector average89.19% below the sector average
Price Trend
96.34% above the market average96.34% above the market average96.34% above the market average96.34% above the market average96.34% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income
23.24% below the market average23.24% below the market average23.24% below the market average23.24% below the market average23.24% below the market average
37.93% below the sector average37.93% below the sector average37.93% below the sector average37.93% below the sector average37.93% below the sector average
Growth
87.47% above the market average87.47% above the market average87.47% above the market average87.47% above the market average87.47% above the market average
89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average89.47% above the sector average

What The Brokers Say

Strong Buy 4
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 7
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
  Final Interim
Ex-Div 18-Nov-21 25-Mar-21
Paid 16-Dec-21 04-May-21
Amount 4.40p 1.90p

Trades for 07-Dec-2021

Time Volume / Share Price
16:35 2,930 @ 527.00p
16:35 125,502 @ 527.00p
16:29 186 @ 524.00p
16:29 38 @ 523.00p
16:29 44 @ 524.00p

Volution Group Key Personnel

CEO Ronnie George
CFO Andy O'Brien

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