Record Revenue and Profit Milestones
For the first time, Volex exceeded $1 billion in revenue and $100 million in underlying operating profit, marking significant progress towards their 5-year plan targets.
Strong Organic Growth
Achieved over 11% organic growth in FY '25 against a challenging market backdrop, with a 19% year-on-year revenue increase.
Significant Growth in Electric Vehicles
Organic growth of approximately 40% in the electric vehicles segment, driven by expanding product offerings and onboarding new OEMs.
Consistent Operating Margins
Maintained operating margins within the target range of 9% to 10% for the fifth consecutive year, despite inflationary pressures.
Expansion in Manufacturing Capacity
Increased production space by 21%, optimizing locations and enhancing efficiency across the manufacturing estate.
Strong Performance in Data Centers
The Complex Industrial Technology segment saw 14.5% organic growth, driven by strong performance in the data center space.