Volution

Another impressive half as margin performance remains the stand-out

  • Sectors : Building products
  • Companies : Volution

Ratings and price correct at time of issue.

  • Volution

    Closing Price: 425p

  • RATING 31/03/21

  • PREVIOUS RATING N/A

DAVY VIEW

Volution has announced another impressive set of results. The results, which cover the six months to end-January, are likely to provide the platform for another modest upgrade to full year forecasts. Given this points to another year of earnings growth, it continues to position Volution as a positive outlier in a construction/building products sector context. Reasons for its outperformance include commercial agility, geographic diversity and concentrated exposure to the growth category that is ventilation.

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Mar 15 2024, 08:10 GMT

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