Volex reports record full-year revenue
By Josh White
Date: Thursday 25 Jun 2026
(Sharecast News) - Volex reported record full-year revenue on Thursday as strong demand from data centre and defence-related customers helped the manufacturer deliver its five-year plan one year ahead of schedule.
Revenue rose 14.4% to $1.24bn in the year to 31 March, while underlying operating profit increased 19.9% to $127.3m.
Underlying pre-tax profit rose 23.7% to $108.4m, statutory pre-tax profit increased 45.3% to $93.4m, and the proposed final dividend was lifted 6.7% to 3.2p per share.
Net debt fell 12.9% to $152.3m.
Chief executive Nat Rothschild said FY2026 had been "an outstanding year" for Volex, adding that the group entered FY2027 with "strong momentum, a more capable platform and a clear pathway" towards its new medium-term targets of $2bn of revenue and a 12% underlying operating margin.
Volex also said its planned move from AIM to the Main Market was expected to take effect on 24 July, with the final day of AIM trading expected to be 23 July.
At 0917 BST, shares in Volex were up 0.69% at 586p.
Reporting by Josh White for Sharecast.com.
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