Volution (FAN.L, FAN LN)
- 1157.2
- 197.8
- 98.3
Company Profile
Volution's objective is to provide healthy air in a sustainable manner. The group is principally a designer and assembler of ventilation products from components (electrics and motors) supplied by third parties, although it does injection mould the majority of the plastic components used. Volution offers a broad range of products, including extractor fans; MVHR (mechanical ventilation with heat recovery) systems; ducting products and accessories; air handling units; fan coils; and hybrid ventilation solutions. The group has operations in the UK, the Nordic region, Continental Europe and Australasia. Expansion via acquisition has been a characteristic of Volution's development since its 2014 IPO with total investment of over £130m, most of which has been outside the UK. This is likely to continue as Volution generates consistently high levels of free cash flow that will support further investment.
Major Shareholders | % |
Capital Research & Mgt (World) | 5.1 |
Aegon Asset Management UK PLC | 5.1 |
Fidelity Management & Res. Co. | 5.0 |
JPMorgan Asset Mgt. (UK) Ltd. | 4.9 |
Franklin Templeton Fund Mgt. Ltd. | 4.8 |