Proactiveinvestors USA & Canada Volex PLC Proactiveinvestors USA & Canada Volex PLC RSS feed en Fri, 23 Oct 2020 05:22:27 -0400 Genera CMS (Proactiveinvestors) (Proactiveinvestors) Volex keeps dividend plugged in as cable sites 'essential' during coronavirus Thu, 16 Apr 2020 09:09:00 -0400 Share succumbs to £62mln takeover Mon, 17 Feb 2020 15:13:00 -0500 Coca-Cola HBC goes better after fixed-rate issue of notes Thu, 14 Nov 2019 14:28:00 -0500 Volex on the up again after root and branch overhaul Mon, 07 Oct 2019 12:00:00 -0400 Volex PLC 'a resilient, diversified business' delivering strong cashflow Thu, 26 Sep 2019 09:13:00 -0400 Volex soars as it hints at return of dividend payments Thu, 28 Mar 2019 08:46:00 -0400 Cable maker Volex to raise £36mln at a premium to fund latest acquisition Wed, 16 May 2018 10:45:00 -0400 Cost control at Volex offsets drop in orders from key customers Fri, 11 Nov 2016 08:32:00 -0500 Volex: Wired for a turnaround Volex’s final results for the year ended 30th March 2014 revealed growth and margins ahead of expectations, which combined with recent director buying indicates the turnaround potential ahead.

Sat, 21 Jun 2014 07:00:00 -0400
Volex Group bins divi as profits disappears and debt rises Thu, 14 Nov 2013 11:50:00 -0500 Volex issues second profit warning
Order levels and customer revenue forecasts had seen declines in recent weeks which would hit its Wiring Harness business in particular, the company said. Meanwhile the Interconnect division had also witnessed delays to some orders.

The combination of softening demand and volatile prices for copper and oil would result in the company posting a loss in the second half of the year.]]>
Mon, 10 Mar 2008 10:47:00 -0400
Margin pressures send Volex Group lower
Volex Group said that its Power Products arm increased revenues by 20% and margins were "significantly" ahead of last year. However, at its Interconnect business, revenues dropped 10% and margins were squeezed, blamed on weak volumes from Wireless Infrastructure customers, who generate 47% of Interconnect revenues.

Meanwhile, operating margins were also under pressure at the Wiring Harness business, despite revenues being 17% ahead of last year. The margin pressure was down to the group struggling "to deliver benefits of the restructuring."

As a result of the lower profit levels, net debt jumped to £23.8 million from £16.6 million last year.
Fri, 15 Feb 2008 07:19:00 -0500