Volex expects full-year profit to beat forecasts after strong start

Tech Hardware & Electrical Equipment Written by: Ephrem Joseph 07:37 Tue 25 Aug 2026 --> Disclaimer No investment advice About this content Editorial Standards & Policies Share article About this content × About Ephrem Joseph Ephrem began his journalistic journey at Proactive in June 2021. With a strong academic background in Information Technology, his expertise particularly lies in the field of Cyber Security, Management Information Systems and Computer Forensics. Before joining Proactive, Ephrem worked as a researcher and lecturer at a number of leading universities, including the University of Portsmouth's Institute of Criminal Justice Studies, the University of Winchester’s Institute of Policing, and Jain... Read more About the publisher Proactive financial news and online broadcast teams provide fast, accessible, informative and actionable business and finance news content to a global investment audience. All our content is produced independently by our experienced and qualified teams of news journalists. Proactive news team spans the world’s key finance and investing hubs with bureaus and studios in London, New York, Toronto, Vancouver, Sydney and Perth. We are experts in medium and small-cap markets, we also keep our community up to date with blue-chip companies, commodities and broader investment stories. This is content that excites and engages motivated private investors. The team delivers news and unique insights across the market including but not confined to: biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto and emerging digital and EV technologies. Use of technology Proactive has always been a forward looking and enthusiastic technology adopter. Our human content creators are equipped with many decades of valuable expertise and experience. The team also has access to and use technologies to assist and enhance workflows. Proactive will on occasion use automation and software tools, including generative AI. Nevertheless, all content published by Proactive is edited and authored by humans, in line with best practice in regard to content production and search engine optimisation. Volex PLC ( AIM:VLX ) View Price & Profile Volex expects full-year profit to beat forecasts after strong start Published: 07:37 25 Aug 2026 BST Volex PLC (AIM:VLX) expects underlying operating profit for the year to March 2027 to come in ahead of current market forecasts after a strong start to the financial year. For the four months to 31 July 2026, the specialist power and data transmission manufacturer delivered constant-currency organic revenue growth of 28% year on year. Growth was led by Complex Industrial Technology, where data centre demand remained at the elevated levels seen at the end of the previous year, alongside stronger demand for EV & Electrification products. Consumer Electricals, Off-Highway and Medical also recorded growth. The headline growth rate benefited partly from a softer comparison period as new data centre programmes ramped up progressively last year. Sequentially, average monthly revenue in the first four months was 8% higher than the monthly average for the second half of the previous financial year, providing a clearer indication of underlying momentum. Operating expenses remained tightly controlled, with efficiency gains and operating leverage supporting improved underlying margins. Volex also completed the acquisition of the remaining interest in Kepler SignalTek during the period, extending its medical offering into patient-to-device applications. The group moved from AIM to the Main Market of the London Stock Exchange on 24 July. Company-compiled consensus for the year to 31 March 2027 currently points to average revenue of US$1.34 billion and underlying operating profit of US$138.3 million. Continue reading