Canaccord Genuity lowers target price on Volex

24th Jun 2022 09:42

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on integrated manufacturing specialist Volex from 440.0p to 380.0p on Friday, stating the group's five-year plan was "ambitious but achievable".

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Organic growth and acquisitions underpin Volex results

23rd Jun 2022 12:03

(Sharecast News) - Power products and manufacturing service provider Volex reported a 38.6% improvement in its preliminary results on Thursday, to $614.6m, through "strong" organic growth and acquisitions.

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Volex completes acquisition of inYantra Technologies

16th May 2022 13:22

(Sharecast News) - Integrated manufacturing and power products company Volex announced on Monday that it has completed the acquisition of inYantra Technologies.

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Canaccord Genuity lowers target price on Volex

21st Apr 2022 09:56

(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on electronic connector manufacturer Volex from 510.0p to 440.0p on Thursday but said the firm appeared to be "well on track" to exceed its five-year plan.

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Volex ends year ahead of market expectations

20th Apr 2022 11:04

(Sharecast News) - Power products and manufacturing services provider Volex said in an update on Wednesday that its revenues and underlying operating profits were set to be ahead of consensus market expectations for the year just ended.

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Volex buys majority stake in Indian firm inYantra

7th Mar 2022 12:01

(Sharecast News) - Power products and integrated manufacturing provider Volex announced a 51% majority equity investment in inYantra Technologies for $8m (£6.08m) on Monday.

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Volex agrees new, larger facility of up to $300m

14th Feb 2022 11:37

(Sharecast News) - Manufacturing and power products specialist Volex announced a refinancing with a syndicate of five banks on Monday, replacing its existing $100m revolving credit facility with a new $200m committed facility and an additional $100m uncommitted accordion.

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Volex reports strong growth in revenue, earnings

11th Nov 2021 16:21

(Sharecast News) - Power products and integrated manufacturing services provider Volex reported "strong" reported revenue growth of 44.5% in its half-year results on Thursday, to $292.7m reflecting high levels of customer demand in all of its sectors.

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Volex expands US military profile with Irvine acquisition

1st Nov 2021 09:04

(Sharecast News) - Power products and manufacturing services company Volex announced on Monday that it has completed the acquisition of Irvine Electronics.

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Director dealings: Volex chairman ups stake via NR interest

12th Oct 2021 15:11

(Sharecast News) - Volex revealed on Tuesday that NR Holdings had acquired 60,000 ordinary shares in the AIM-listed electronic connectors manufacturer.

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Volex agrees acquisitions of Prodamex and TC

8th Oct 2021 11:10

(Sharecast News) - Power products and manufacturing services provider Volex has signed a share purchase agreement for the acquisition of Prodamex and Terminal & Cable (TC), it announced on Friday, for a total consideration of CAD 22.5m (£13.17m).

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Canaccord raises target price on Volex following Irvine acquisition

27th Aug 2021 11:07

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on electronic connectors manufacturer Volex from 475.0p to 500.0p on Friday following the group's acquisition of Irvine Electronics.

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Volex to buy Irvine Electronics for $16.4m

26th Aug 2021 10:08

(Sharecast News) - AIM-listed Volex has agreed to buy US electronic solutions manufacturer Irvine Electronics for $16.4m.

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Volex sees ongoing improved customer demand

29th Jul 2021 11:20

(Sharecast News) - Power products and integrated manufacturing company Volex said on Thursday that the levels of customer demand it experienced in the second half of the 2021 financial year had continued into the first quarter of 2022.

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Volex profits surge as it invests in growth

17th Jun 2021 09:29

(Sharecast News) - Manufacturing services and power products company Volex reported a 13.3% improvement in revenue in its preliminary results on Thursday, to $443.3m (£317.03m).

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