London midday: Stocks dip ahead of US inflation reading
10th Oct 2024 12:10
(Sharecast News) - London stocks had fallen into the red by lunchtime on Thursday, as investors awaited crucial US inflation data, which could influence the Federal Reserve's next policy moves.
Read moreFull-year revenue, earnings rise for Volution
10th Oct 2024 07:19
(Sharecast News) - Volution Group, a designer and manufacturer of air quality systems, reported full-year revenue of £347.6m in its preliminary results on Thursday, a 6% increase, with adjusted operating profit rising 11.7% year-on-year to £78m.
Read moreLondon close: Stocks slip after week of global rate decisions
20th Sep 2024 15:09
(Sharecast News) - London's stock markets closed lower on Friday, weighed down by a mix of declining consumer confidence and recent central bank rate decisions.
Read moreBerenberg lifts Volution price target after Fantech acquisition
20th Sep 2024 12:56
(Sharecast News) - Berenberg lifted its price target on Volution on Friday to 700p from 600p after it announced an agreement to buy Fantech Group in Australasia from Elta Group for up to AUD280m (£144m).
Read moreVolution to buy Fantech Australasia for up to AUD280m
20th Sep 2024 07:16
(Sharecast News) - Volution said on Friday that it has agreed to buy Fantech Group in Australasia from Elta Group for up to AUD280m (£144m).
Read moreLondon close: Stocks pare some losses as UK private sector expands
24th Jul 2024 15:01
(Sharecast News) - London's stock markets ended Wednesday in negative territory, with a late recovery fueled by better-than-expected data from the UK's private sector failing to lift equities above the waterline.
Read moreBerenberg raises target price on Volution
24th Jul 2024 10:04
(Sharecast News) - Over at Berenberg, analysts hiked their target price on ventilation equipment business Volution to 600.0p from 500.0p on Wednesday following the group's full-year trading update.
Read moreVolution hikes earnings expectations ahead of year-end
24th Jul 2024 08:14
(Sharecast News) - Air quality technology designer and manufacturer Volution upgraded its expectations for the financial year about to end on Wednesday, anticipating adjusted earnings per share to be slightly ahead of current market forecasts, driven by strong performance in the UK residential sector.
Read moreJefferies reiterates 'buy' rating on Volution
1st May 2024 07:41
(Sharecast News) - Jefferies reiterated its 'buy' rating on Volution on Wednesday as it said the company's ability to drive margins higher, through both revenue mix and efficiency, is more than offsetting the challenging market backdrop to deliver ongoing earning upgrades.
Read moreLondon close: Stocks finish mixed after Reckitt compo blow
15th Mar 2024 15:07
(Sharecast News) - London's equity markets finished in a mixed state at the end of a quiet trading session on Friday, after another hotter-than-expected US inflation reading overnight.
Read moreVolution sees FY EPS ahead of expectations after 'strong' H1
15th Mar 2024 07:50
(Sharecast News) - Volution Group said on Friday that full-year earnings per share were set to be ahead of consensus after a "strong" first half.
Read moreLondon close: Stocks finish higher ahead of Fed decision
13th Dec 2023 15:02
(Sharecast News) - London markets remained in positive territory by the close of Wednesday after weak UK GDP data led investors to anticipate a potential rate cut from the Bank of England.
Read moreVolution to beat earnings estimates after strong UK trading
13th Dec 2023 07:09
(Sharecast News) - Ventilation products group Volution expects to beat profit forecasts after a strong performance across the board in the first four months of the financial year.
Read moreBerenberg stays at 'buy' on Volution
5th Oct 2023 15:18
(Sharecast News) - Ventilation equipment manufacturer Volution released its full-year results on Thursday, leading analysts at Berenberg to take a fresh look at the stock.
Read moreVolution highlights good demand as FY profits, revenue rise
5th Oct 2023 10:32
(Sharecast News) - Ventilation products supplier Volution reported a rise in full-year revenue and profit on Thursday as it pointed to solid demand.
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