Volex plc (LSE:VLX) began FY2026 on a positive note, posting a 10.4% year-on-year increase in constant currency organic revenue for Q1. Growth was driven by strong demand in the Electric Vehicles and Complex Industrial Technology sectors. The successful integration of Murat Ticaret has further enhanced profitability and operational efficiency. Confident in its outlook, Volex expects to meet full-year targets, backed by a strong pipeline of commercial opportunities.
Outlook
The company’s outlook is supported by solid financial results and encouraging earnings call commentary, reflecting effective strategy execution and growth potential. Technical indicators remain positive, though the valuation suggests the stock is fairly priced. Insider share sales present a modest risk to investor sentiment.
More about Volex plc
Volex plc is a global leader in power and data connectivity solutions, offering integrated manufacturing for mission-critical applications. Serving blue-chip clients across five key markets—Electric Vehicles, Consumer Electricals, Medical, Complex Industrial Technology, and Off-Highway—Volex operates 25 manufacturing sites worldwide and employs 13,000 people from 25 countries. The company is headquartered in the UK.
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