27 January 2025 - trading update
A solid trading update from Volex provides reassurance about our recent recommendation of the shares. The statement has confirmed that the group had a robust Q3 in the three months to 29 December and revenues in the financial year to date are some 22% ahead of last year although the current year has benefited from the acquisition of Murat Ticaret. Organic growth was solid though at 9.6%. The company has confirmed that it is in line to meet market forecasts for the year and the shares remain a BUY
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