7 April 2025 - trading update

We commented at the end of last week that our tip to buy shares in the cable and power cord group Volex at  244.5p had been premature as the share price had fallen sharply.  In fact on Friday, the shares closed at 198.8p following the steep fall in the overall market.  There has been some relief today though with the shares rising by 15% following today's trading update.  This covers the year to 30 March and a strong fourth quarter of the financial year has meant that revenues are now expected to . . .

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