Volex plc (GB:VLX) has released an update.
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Volex plc has reported a strong financial performance for the first half of FY2025, with a 30.4% increase in revenue to $518.2 million and a 41.9% rise in statutory operating profit to $36.6 million. The company continues to invest in capacity expansion and new customer programs, driving notable growth in sectors like Electric Vehicles and Consumer Electricals. With an increased interim dividend and a strategic focus on diverse markets, Volex remains confident in achieving its long-term financial goals.
For further insights into GB:VLX stock, check out TipRanks’ Stock Analysis page.