Volution Group (FAN)

Sector:

Construction and Building Materials

Index:

FTSE 250

515.00p
   
  • Change Today:
    -9.00p
  • 52 Week High: 560.00
  • 52 Week Low: 237.00
  • Currency: UK Pounds
  • Shares Issued: 198.07m
  • Volume: 444,302
  • Market Cap: £1,020.04m
  • RiskGrade: 270
  • Beta: 0.79

Volution profits double on climate change, Covid awareness

By Frank Prenesti

Date: Thursday 07 Oct 2021

LONDON (ShareCast) - (Sharecast News) - Ventilation equipment maker Volution said annual profits more than doubled on the back of more awareness of climate change and the need for cleaner air indoors during the Covid pandemic.
The company on Thursday reported a 106% rise in pre-tax profits to £30m for the year to July 31 as revenue soared 25.8% to £272.6m. A dividends of 6.3p a share was declared.

Volution said "significant interruptions" to the supply chain and high levels of input cost inflation and logistics price rises through the year, particularly in the UK, had continued into the start of the new financial year.

"Despite these challenges, as well as recent and ongoing Covid-19 related lockdowns in our Australasian market, overall, we are providing good levels of customer service as well as securing price rises to mitigate the impact of cost inflation," it added.

"The continuing Covid-19 pandemic, coupled with a greater focus from governments across the world in dealing with the issues of climate change, has led to a far greater awareness of the importance that indoor air quality and ventilation have on both the energy efficiency and health environment inside buildings. We expect that awareness to continue to grow in the period ahead."

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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 515.00p
Change Today -9.00p
% Change -1.72 %
52 Week High 560.00
52 Week Low 237.00
Volume 444,302
Shares Issued 198.07m
Market Cap £1,020.04m
Beta 0.79
RiskGrade 270

Volution Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
93.65% below the market average93.65% below the market average93.65% below the market average93.65% below the market average93.65% 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
93.09% above the market average93.09% above the market average93.09% above the market average93.09% above the market average93.09% above the market average
95.24% above the sector average95.24% above the sector average95.24% above the sector average95.24% above the sector average95.24% above the sector average
Income
23.84% below the market average23.84% below the market average23.84% below the market average23.84% below the market average23.84% 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
87.70% above the market average87.70% above the market average87.70% above the market average87.70% above the market average87.70% 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 3
Buy 1
Neutral 2
Sell 0
Strong Sell 0
Total 6
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 02-Dec-2021

Time Volume / Share Price
16:35 50,000 @ 516.00p
16:35 132,930 @ 515.00p
16:29 2 @ 515.00p
16:29 129 @ 515.00p
16:29 121 @ 515.00p

Volution Group Key Personnel

CEO Ronnie George
CFO Andy O'Brien

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