Volution Group (FAN)

Sector:

Construction and Building Materials

Index:

FTSE 250

434.60p
   
  • Change Today:
      7.00p
  • 52 Week High: 448.00
  • 52 Week Low: 336.60
  • Currency: UK Pounds
  • Shares Issued: 197.79m
  • Volume: 288,104
  • Market Cap: £859.61m
  • RiskGrade: 270

Volution in Slovenia, France acquisitions for up to €55m

By Frank Prenesti

Date: Thursday 20 Apr 2023

LONDON (ShareCast) - (Sharecast News) - Ventilation products maker Volution said it has bought I-Vent in Slovenia and completed the acquisition of Ventilairsec SA in France.
Both acquisitions will be earnings enhancing and will report as part of Volution Group's Continental Europe sector. The deals are being funded from existing cash resources and the group borrowing facilities.

I-Vent was bought for an initial €25.2m, with further potential €15m based on stretching growth targets for results for the three years up to and including 2025.

Volution paid an initial €10m, for Ventilairsec with up to €5m more based on delivery of strong earnings growth for the year ending December 31, 2023.

Reporting by Frank Prenesti for Sharecast.com

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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 434.60p
Change Today 7.00p
% Change 1.64 %
52 Week High 448.00
52 Week Low 336.60
Volume 288,104
Shares Issued 197.79m
Market Cap £859.61m
RiskGrade 270

Volution Group Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
96.56% below the market average96.56% below the market average96.56% below the market average96.56% below the market average96.56% 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
67.66% above the market average67.66% above the market average67.66% above the market average67.66% above the market average67.66% above the market average
60.98% above the sector average60.98% above the sector average60.98% above the sector average60.98% above the sector average60.98% above the sector average
Income
77.55% below the market average77.55% below the market average77.55% below the market average77.55% below the market average77.55% 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
8.86% above the market average8.86% above the market average8.86% above the market average8.86% above the market average8.86% 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

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 28-Mar-2024

Time Volume / Share Price
16:35 4,355 @ 434.60p
16:35 252 @ 434.60p
16:35 112,018 @ 434.60p
16:35 210 @ 434.60p
16:35 206 @ 434.60p

Volution Group Key Personnel

CEO Ronnie George
CFO Andy O'Brien
Chair Nigel Lingwood

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