Annuncio • Mar 13
Volution Group plc Declares Interim Dividend for the Six Months Ended 31 January 2026, Payable on May 5, 2026 Volution Group plc Board has declared an interim dividend of 4.0 pence per share for the six months ended January 31, 2026, up 17.6% (H1 2025: 3.4 pence), reflecting the strong first half performance and demonstrating the Board's confidence in the Group's prospects. The interim dividend will be paid on 5 May 2026 to shareholders on the register at the close of business on 27 March 2026. Annuncio • Feb 05
Volution Group plc to Report First Half, 2026 Results on Mar 12, 2026 Volution Group plc announced that they will report first half, 2026 results on Mar 12, 2026 Annuncio • Oct 10
Volution Group plc Recommends Final Dividend for 2025, Payable on 16 December 2025 Volution Group plc announced that the Board has recommended a final dividend of 7.4 pence per share, giving a total dividend for the financial year of 10.8 pence per share (2024: 9.0 pence per share), an increase of 20.0% on the previous year. Subject to approval by shareholders at the Annual General Meeting on 10 December 2025, the final dividend will be paid on 16 December 2025 to shareholders on the register at 21 November 2025. Annuncio • Oct 09
Volution Group plc, Annual General Meeting, Dec 10, 2025 Volution Group plc, Annual General Meeting, Dec 10, 2025. Annuncio • Jul 25
Volution Group plc Provides Revenue Guidance for the Year 2025 Volution Group plc provided revenue guidance for the year 2025. The company is expecting to deliver organic revenue growth on a constant currency (cc) basis for FY25 of over 5%, up from 4% at the half year. Total Group revenue growth is expected to be over 20%(cc), which includes eight months contribution from Fantech, acquired in December 2024. Annuncio • Jul 24
Volution Group plc to Report Fiscal Year 2025 Results on Oct 09, 2025 Volution Group plc announced that they will report fiscal year 2025 results on Oct 09, 2025 Annuncio • Jul 11
Volution Group plc Announces Board and Committee Changes Volution Group plc announced the following Board and Committee changes. In line with the Company's previous announcement on 5 March 2025, Celia Baxter, who was appointed as Remuneration Chair Designate, has now been appointed as Remuneration Committee Chair, effective 10 July 2025. Celia has also been appointed as the Designated Non-Executive Director for workforce engagement, with effect from the same date. Claire Tiney, the outgoing Committee Chair, will retire from the main Board and the Nomination, Remuneration and Audit Committees, on 2 August 2025, having completed nine years as a Non-Executive Director of the Company. Annuncio • Mar 13
Volution Group plc Declares Interim Dividend for the First Half of 2025, Payable on May 6, 2025 Volution Group plc's has declared an interim dividend of 3.4 pence per share, up 21.4% (first half of 2024: 2.8 pence), reflecting the strong first half performance and demonstrating the Board's confidence in the Group's prospects. The interim dividend will be paid on 6 May 2025 to shareholders on the register at the close of business on 28 March 2025. Annuncio • Feb 03
Volution Group plc to Report First Half, 2025 Results on Mar 13, 2025 Volution Group plc announced that they will report first half, 2025 results on Mar 13, 2025 Annuncio • Dec 11
Volution Group plc Announces Margaret Amos Will Be Steps Down from Board Volution Group plc announced that Margaret Amos, Non-Executive Director, will be stepping down from the Volution Board, effective from the conclusion of Annual General Meeting (the "AGM"). Annuncio • Dec 03
Volution Group plc (LSE:FAN) completed the acquisition of Fantech Pty. Ltd. from Elta Group Limited for AUD 280 million. Volution Group plc (LSE:FAN) agreed to acquire Fantech Pty. Ltd. from Elta Group Limited for AUD 280 million on September 20, 2024. A cash consideration of AUD 220 million will be paid by Volution Group plc. Volution Group plc will pay an deferred payment of AUD 60 million cash. As part of consideration, AUD 280 million is paid towards common equity of Fantech Pty. Ltd.
For the period ending March 31, 2024, Fantech Pty. Ltd. reported total revenue of AUD 177 million and EBITDA of AUD 33.3 million.
The transaction is subject to subject to antitrust regulations.
Fiona Millington, Mark Maurice and Matt O’Shea of Norton Rose Fulbright LLP acted as the legal advisor for Volution Group plc. Fiona Millington led the Norton Rose Fulbright LLP team. Dominic Stuttaford, Mike Knapper and Matt Foster advised on tax, IP/IT and W&I aspects of the deal respectively. Marshall Bromwich led the Australian due diligence team with along with Georgina Hey and Ka-Chi Cheung. Antitrust advice was co-ordinated by Ian Giles, Claire Forster and Zoe Lonard.
Volution Group plc (LSE:FAN) completed the acquisition of Fantech Pty. Ltd. from Elta Group Limited on December 2, 2024. Annuncio • Sep 20
Volution Group plc (LSE:FAN) agreed to acquire Fantech Pty. Ltd. from Elta Group Limited for AUD 280 million. Volution Group plc (LSE:FAN) agreed to acquire Fantech Pty. Ltd. from Elta Group Limited for AUD 280 million on September 20, 2024. A cash consideration of AUD 220 million will be paid by Volution Group plc. Volution Group plc will pay an earnout/contingent payment of AUD 60 million cash. As part of consideration, AUD 280 million is paid towards common equity of Fantech Pty. Ltd.
For the period ending March 31, 2024, Fantech Pty. Ltd. reported total revenue of AUD 177 million and EBITDA of AUD 33.3 million.
The transaction is subject to subject to antitrust regulations. Annuncio • Jul 24
Volution Group plc to Report Fiscal Year 2024 Results on Oct 10, 2024 Volution Group plc announced that they will report fiscal year 2024 results on Oct 10, 2024 Buy Or Sell Opportunity • May 01
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 5.1% to UK£4.47. The fair value is estimated to be UK£3.70, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 11% over the last 3 years. Earnings per share has grown by 32%. Revenue is forecast to grow by 10% in 2 years. Earnings are forecast to grow by 13% in the next 2 years. Upcoming Dividend • Mar 21
Upcoming dividend of UK£0.028 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 07 May 2024. Payout ratio is a comfortable 39% and this is well supported by cash flows. Trailing yield: 1.9%. Lower than top quartile of British dividend payers (6.2%). Lower than average of industry peers (3.6%). Declared Dividend • Mar 18
First half dividend increased to UK£0.028 Dividend of UK£0.028 is 12% higher than last year. Ex-date: 28th March 2024 Payment date: 7th May 2024 Dividend yield will be 1.9%, which is lower than the industry average of 3.6%. Sustainability & Growth Dividend is well covered by both earnings (39% earnings payout ratio) and cash flows (23% cash payout ratio). The dividend has increased by an average of 16% per year over the past 9 years. However, payments have been volatile during that time. EPS is expected to grow by 16% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Mar 17
First half 2024 earnings released: EPS: UK£0.11 (vs UK£0.086 in 1H 2023) First half 2024 results: EPS: UK£0.11 (up from UK£0.086 in 1H 2023). Revenue: UK£172.5m (up 6.3% from 1H 2023). Net income: UK£22.0m (up 30% from 1H 2023). Profit margin: 13% (up from 10% in 1H 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.3% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 32% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. New Risk • Mar 16
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 40% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. This is currently the only risk that has been identified for the company. Annuncio • Mar 15
Volution Group plc Declares Interim Dividend for the Six Months Ended January 31, 2024, Payable on 7 May 2024 The Board of Volution Group plc has declared an interim dividend of 2.8 pence per share, up 12.0% (H1 2023: 2.5 pence) for the six months ended January 31, 2024, reflecting the strong first half performance and demonstrating the Board's confidence in the Group's prospects. The interim dividend will be paid on 7 May 2024 to shareholders on the register at the close of business on 2 April 2024. Buy Or Sell Opportunity • Feb 06
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 9.3% to UK£4.22. The fair value is estimated to be UK£3.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 4.8% per annum. Earnings are also forecast to grow by 8.8% per annum over the same time period. Annuncio • Feb 02
Volution Group plc to Report Q2, 2024 Results on Mar 15, 2024 Volution Group plc announced that they will report Q2, 2024 results on Mar 15, 2024 Buy Or Sell Opportunity • Jan 22
Now 23% overvalued after recent price rise Over the last 90 days, the stock has risen 22% to UK£4.18. The fair value is estimated to be UK£3.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 14% over the last 3 years. Earnings per share has grown by 43%. For the next 3 years, revenue is forecast to grow by 4.7% per annum. Earnings are also forecast to grow by 8.4% per annum over the same time period. Upcoming Dividend • Nov 17
Upcoming dividend of UK£0.055 per share at 2.0% yield Eligible shareholders must have bought the stock before 23 November 2023. Payment date: 19 December 2023. Payout ratio is a comfortable 42% and this is well supported by cash flows. Trailing yield: 2.0%. Lower than top quartile of British dividend payers (6.3%). Lower than average of industry peers (4.0%). Annuncio • Oct 07
Volution Group plc Recommends Final Dividend for the Year Ended 31 July 2023, Payable on 19 December 2023 Volution Group plc announced the board has recommended a final dividend of 5.5 pence per share for the year ended 31 July 2023, giving a total dividend for the financial year of 8.0 pence per share (2022: 7.3 pence per share), an increase of 9.6% on the previous year. Subject to approval by shareholders at the Annual General Meeting on 13 December 2023, the final dividend will be paid on 19 December 2023 to shareholders on the register at 24 November 2023. Reported Earnings • Oct 06
Full year 2023 earnings released: EPS: UK£0.19 (vs UK£0.18 in FY 2022) Full year 2023 results: EPS: UK£0.19 (up from UK£0.18 in FY 2022). Revenue: UK£328.0m (up 6.6% from FY 2022). Net income: UK£37.4m (up 5.0% from FY 2022). Profit margin: 11% (in line with FY 2022). Revenue is forecast to grow 4.6% p.a. on average during the next 3 years, compared to a 3.2% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 25% per year, which means it is significantly lagging earnings growth. Annuncio • Oct 05
Volution Group plc, Annual General Meeting, Dec 13, 2023 Volution Group plc, Annual General Meeting, Dec 13, 2023, at 12:00 Coordinated Universal Time. Location: Norton Rose Fulbright, 3 More London Riverside London United Kingdom Annuncio • Jul 22
Volution Group plc to Report Fiscal Year 2023 Results on Oct 05, 2023 Volution Group plc announced that they will report fiscal year 2023 results on Oct 05, 2023 Annuncio • Jun 24
Volution Group plc (LSE:FAN) acquired I-Vent d.o.o. from Milan Kuster. Volution Group plc (LSE:FAN) signed an agreement to acquire I-Vent d.o.o. from Milan Kuster for €40.2 million on April 20, 2023. Under the terms of the agreement, Volution will acquire I-Vent for an initial consideration of €25.2 million on a debt free cash basis, with further contingent consideration of up to €15 million based on stretching growth targets for the financial years up to and including December 31, 2025. Consideration is being funded from existing cash resources and the Group's Sustainability Linked Revolving Credit Facility. For FY 2022, I-Vent reported revenue of €10 million and gross assets of €4.7 million. The transaction is conditional on approval from the Foreign Direct Investment authority in Slovenia, which is expected to take up to two months. Transaction will be earnings enhancing and will report as part of Volution Group's Continental Europe sector. Milan Kuster will continue to lead the business post acquisition.
Volution Group plc (LSE:FAN) acquired I-Vent d.o.o. from Milan Kuster on June 23, 2023. Valuation Update With 7 Day Price Move • Jun 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to UK£3.54, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 11x in the Building industry in the United Kingdom. Total returns to shareholders of 96% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at UK£3.03 per share. Annuncio • Jun 20
Volution Group plc Announces Board Changes, Effective 23 June 2023 Volution Group plc announced that Jonathan Davis has been appointed as an independent Non-Executive Director of the Company with effect from 23 June 2023. Jonathan will also become Chairman of the Audit Committee, and will join the Remuneration and Nomination Committees, on appointment. Jonathan Davis is currently Group Finance Director at Rotork plc, a FTSE 250 global provider of mission-critical intelligent flow control solutions operating across a diverse range of markets, including the oil & gas, water, power, chemicals, and process industries. The appointment of Jonathan will coincide with a number of previously announced changes to the Board. Nigel Lingwood, the current Audit Committee Chairman and Chair Designate, will step into the role of Chairman of the Board on 23 June 2023, following the planned retirement of Paul Hollingworth. Nigel will also be appointed as Chairman of the Nomination Committee on that date. He will remain as a member of the Remuneration Committee but will stand down as a member of the Audit Committee. Amanda Mellor, Senior Independent Director, will step down as planned from her role as interim Chair of the Nomination Committee with effect from 23 June 2023, but will remain as a member of the Committee. Paul Hollingworth will retire from the Board as previously notified, also with effect from 23 June 2023. Annuncio • May 23
Volution Group plc (LSE:FAN) agreed to acquire Proven Systems Ltd. Volution Group plc (LSE:FAN) agreed to acquire Proven Systems Ltd on May 22, 2023. The deal was approved by The Commerce Commission. Board Change • May 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 4 experienced directors. 2 highly experienced directors. Independent Non-Executive Director Nee Lahiff Amos was the last director to join the board, commencing their role in 2022. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Mar 16
Upcoming dividend of UK£0.025 per share at 1.8% yield Eligible shareholders must have bought the stock before 23 March 2023. Payment date: 02 May 2023. Payout ratio is a comfortable 41% and this is well supported by cash flows. Trailing yield: 1.8%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (4.1%). Reported Earnings • Mar 11
First half 2023 earnings released: EPS: UK£0.086 (vs UK£0.082 in 1H 2022) First half 2023 results: EPS: UK£0.086 (up from UK£0.082 in 1H 2022). Revenue: UK£162.3m (up 8.5% from 1H 2022). Net income: UK£16.9m (up 4.1% from 1H 2022). Profit margin: 10% (in line with 1H 2022). Revenue is forecast to grow 3.7% p.a. on average during the next 3 years, compared to a 3.7% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 32% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 03
Volution Group plc to Report Q2, 2023 Results on Mar 09, 2023 Volution Group plc announced that they will report Q2, 2023 results on Mar 09, 2023 Upcoming Dividend • Nov 17
Upcoming dividend of UK£0.05 per share Eligible shareholders must have bought the stock before 24 November 2022. Payment date: 20 December 2022. Payout ratio is a comfortable 40% and this is well supported by cash flows. Trailing yield: 2.1%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (4.0%). Reported Earnings • Oct 07
Full year 2022 earnings released: EPS: UK£0.18 (vs UK£0.10 in FY 2021) Full year 2022 results: EPS: UK£0.18 (up from UK£0.10 in FY 2021). Revenue: UK£307.7m (up 13% from FY 2021). Net income: UK£35.6m (up 71% from FY 2021). Profit margin: 12% (up from 7.6% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 4.4% growth forecast for the Building industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 28% per year whereas the company’s share price has increased by 24% per year. Buying Opportunity • Aug 18
Now 21% undervalued Over the last 90 days, the stock is up 9.1%. The fair value is estimated to be UK£4.89, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 20% in the next 2 years. Buying Opportunity • Aug 03
Now 21% undervalued Over the last 90 days, the stock is up 3.8%. The fair value is estimated to be UK£5.01, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 20% in the next 2 years. Buying Opportunity • Jun 01
Now 20% undervalued after recent price drop Over the last 90 days, the stock is down 15%. The fair value is estimated to be UK£5.11, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 12% in 2 years. Earnings is forecast to grow by 20% in the next 2 years. Buying Opportunity • May 05
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 23%. The fair value is estimated to be UK£4.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 13%. Revenue is forecast to grow by 11% in 2 years. Earnings is forecast to grow by 20% in the next 2 years. Upcoming Dividend • Mar 17
Upcoming dividend of UK£0.023 per share Eligible shareholders must have bought the stock before 24 March 2022. Payment date: 03 May 2022. Payout ratio is a comfortable 49% and this is well supported by cash flows. Trailing yield: 1.6%. Lower than top quartile of British dividend payers (4.7%). Lower than average of industry peers (2.9%). Reported Earnings • Mar 12
First half 2022 earnings: Revenues and EPS in line with analyst expectations First half 2022 results: EPS: UK£0.082 (up from UK£0.052 in 1H 2021). Revenue: UK£149.6m (up 14% from 1H 2021). Net income: UK£16.2m (up 58% from 1H 2021). Profit margin: 11% (up from 7.8% in 1H 2021). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 6.5%, compared to a 11% growth forecast for the industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 39% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Nov 11
Upcoming dividend of UK£0.044 per share Eligible shareholders must have bought the stock before 18 November 2021. Payment date: 16 December 2021. Trailing yield: 1.3%. Lower than top quartile of British dividend payers (4.1%). Lower than average of industry peers (1.8%). Reported Earnings • Oct 08
Full year 2021 earnings released: EPS UK£0.10 (vs UK£0.049 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£272.6m (up 26% from FY 2020). Net income: UK£20.8m (up 116% from FY 2020). Profit margin: 7.6% (up from 4.5% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 1% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Upcoming Dividend • Mar 19
Upcoming Dividend of UK£0.019 Per Share Will be paid on the 4th of May to those who are registered shareholders by the 25th of March. The trailing yield of 1.0% is below the top quartile of British dividend payers (4.4%), and is lower than industry peers (1.5%). Reported Earnings • Mar 13
First half 2021 earnings released: EPS UK£0.052 (vs UK£0.047 in 1H 2020) The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2021 results: Revenue: UK£131.7m (up 11% from 1H 2020). Net income: UK£10.3m (up 9.5% from 1H 2020). Profit margin: 7.8% (down from 7.9% in 1H 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 6% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 12
New 90-day high: UK£3.26 The company is up 45% from its price of UK£2.25 on 13 November 2020. The British market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 13% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£3.04 per share. Is New 90 Day High Low • Jan 21
New 90-day high: UK£2.93 The company is up 33% from its price of UK£2.20 on 23 October 2020. The British market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£2.96 per share. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improved over the past week After last week's 17% share price gain to UK£2.88, the stock is trading at a trailing P/E ratio of 52.3x, up from the previous P/E ratio of 44.8x. This compares to an average P/E of 31x in the Building industry in the United Kingdom. Total returns to shareholders over the past three years are 52%. Is New 90 Day High Low • Dec 02
New 90-day high: UK£2.39 The company is up 48% from its price of UK£1.61 on 03 September 2020. The British market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Building industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is UK£1.88 per share.