Business
Interim Results for 6 months ended 31 Jan 2020
Interim Results for 6 months ended 31 Jan 2020.
About this update from Volution Group Plc
[{"type":"text","content":"\n \n \n RNS Number : 1782G\n Volution Group plc\n 16 March 2020\n \n \n \n \n \n \n \n \n \n \n Embargoed until 07:00 on:\n \n \n Monday 16 March 2020\n \n \n \n \n \n \n \n VOLUTION GROUP PLC\n INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 JANUARY 2020\n \n \n \n \n Results in line with expectations, good progress on margin expansion and cash conversion\n \n \n \n Volution Group plc (\"Volution\" or \"the Group\" or \"the Company\", LSE: FAN), a leading supplier of ventilation products to the residential and commercial construction markets, today announces its unaudited interim financial results for the 6 months ended 31 January 2020.\n \n \n RESULTS SUMMARY \n \n \n \n \n \n \n \n \n \n \n \n \n 6 months to \n \n \n 31 January 2020\n \n \n \n \n 6 months to \n \n \n 31 January 2019\n \n \n \n \n Movement\n \n \n \n \n Movement (constant currency)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Revenue (£m)\n \n \n \n \n 118.8\n \n \n \n \n 114.8\n \n \n \n \n 3.4%\n \n \n \n \n 5.0%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Adjusted operating profit (£m)\n \n \n \n \n 21.8\n \n \n \n \n 20.2\n \n \n \n \n 7.6%\n \n \n \n \n 9.1%\n \n \n \n \n \n \n Adjusted profit before tax (£m)\n \n \n \n \n 20.5\n \n \n \n \n 19.1\n \n \n \n \n 7.2%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Adjusted EPS (pence)\n \n \n \n \n 8.2\n \n \n \n \n 7.7\n \n \n \n \n 6.5%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Reported operating profit (£m)\n \n \n \n \n 14.0\n \n \n \n \n 11.3\n \n \n \n \n 24.4%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Reported profit before tax (£m)\n \n \n \n \n 11.9\n \n \n \n \n 10.2\n \n \n \n \n 16.7%\n \n \n \n \n \n \n \n \n \n \n \n \n \n Reported basic EPS (pence)\n \n \n \n \n 4.7\n \n \n \n \n 4.1\n \n \n \n \n 14.6%\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Adjusted operating cash flow (£m)\n \n \n \n \n 22.3\n \n \n \n \n 15.5\n \n \n \n \n 43.5%\n \n \n \n \n \n \n \n \n \n \n \n \n \n R...