Business
Pre-Close Trading Update
Pre-Close Trading Update.
About this update from Volution Group Plc
[{"type":"text","content":"\n\n\n \nThursday 24 July 2025\n \nVolution Group plc\n \nPre-close Trading Update for the Financial Year ending 31 July 2025\nContinued good progress; expect adjusted EPS slightly ahead of current market consensus\n \nVolution Group plc (\"Volution\" or \"the Group\" or \"the Company\", LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, provides its scheduled Pre-close Trading Update for the financial year ending 31 July 2025 (\"FY25\").\n \nVolution has continued to make good progress in FY25 and the Board expects adjusted earnings per share to be slightly ahead of current market consensus (see note 1).\n \nThe Board 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.\n \nOn a Regional view:\n· Strong organic growth in the UK has been underpinned by continued growth in residential revenue. Within this our refurbishment demand has remained resilient against a backdrop of generally weak market conditions. Our new residential house building revenue has performed very well, supported by regulations and our leading low carbon product range. Exports to Ireland which are similarly focused on residential new build systems have been strong. Commercial revenue has returned to growth following a weak first half.\n· Continental European revenue growth is expected to be slightly stronger in the second half than in the first half. Performance in the Nordics has continued broadly in line with the first half, with Swedish refurbishment performing relatively well and weaker demand in the new construction activities. Central Europe has performed strongly in the year, driven by our heat recovery propositions in ClimaRad and ERI, and by VMI in France where we continue to focus on broadening the product range through the introduction of new products from across the Group.\n· In Australasia, second half market conditions and organic revenue performance have continued to remain broadly unchanged from the first half, with a challenging demand picture in New Zealand contrasting with ...