Volution Share Discussion Threads

[philanderer] 04/5/2021 13:54

Dividend paid into the account this morning :-)

[philanderer] 21/4/2021 16:58

What can you say !

Vertigo ;-)

Nearly 4 million traded.

[philanderer] 15/4/2021 09:31

Pubs, restaurants and offices must be well ventilated to halt covid spread, doctors warn

[philanderer] 14/4/2021 13:24

What's happened there !!

[philanderer] 13/4/2021 10:11

Tuesday 13 April 2021

Volution Group plc receives the London Stock Exchange's

Green Economy Mark

-- Volution Group plc recognised by the London Stock Exchange as contributing to the global green economy.

-- The Green Economy Mark is given to companies and funds that derive more than 50% of revenues from environmental solutions.

-- Volution Group plc is only the 4(th) Building Materials (ICB sub-sector) company to receive it.

-- Volution Group plc is a leading international designer and manufacturer of energy efficient indoor air quality solutions comprised of 17 key brands across 3 geographic regions.

Vo lution Group plc ("Volution", LSE: FAN), a leading international designer and manufacturer of energy efficient indoor air quality solutions, is pleased to announce that it has been awarded the London Stock Exchange's Green Economy Mark.

[philanderer] 09/4/2021 20:08

Held today 404p - 405p .. 428k traded

[philanderer] 08/4/2021 16:11

Jeff, thanks for that.

Let's see if we can consolidate above 400p :-)

[jeff h] 08/4/2021 11:37

A piece in Shares today, mentions stockbroker Davy reckons FAN can grow its earnings by 20% a year between 2020 - 2023

[philanderer] 24/3/2021 15:23

xd tomorrow morning for the 1.9p dividend

[jeff h] 12/3/2021 14:22

Volution Group (LON:FAN) – excellent first half gets price running

Thursday’s announcement of the interim results to end-January was very well received.

They showed sales up almost 11% at £131.7m, adjusted pre-tax profits were 27% better at £26.1m, with earnings at the halfway up 23% at 10.1p per share.

This international designer and manufacturer of energy efficient indoor air quality solutions now expects its full-year figures to be even better than the market’s previous expectations.

The group’s brokers Liberum Capital upgraded their ‘buy’ views on the group on these excellent results.

For the year to end-July they go for £253m (£217m) of sales and £49.2m (£31.3m) of profits, worth 19p (12.1p) per share in earnings. And what is more they predict a 5.7p per share dividend being declared for the year against nil last time.

Understandably the brokers also increased their price objective from 335p to 377p – which undoubtedly helped to spur the shares some 45p better to close last night at 359p.

This group is now looking very useful, with both organic and acquired growth lifting its sights over the next couple of years.

Stay with them.

[jeff h] 12/3/2021 13:05

Yes Liberum:-

"..We raise our 2021E EPS forecast by 11% and our 2022E by 6%. We increase our target price from 335p to 377p and maintain our Buy rating...."

So I make that approx 19.0p EPS for year ending 31/7/21 and 19.8p for 7/22

Citywire:-

Peel Hunt: ‘buy’ Volution for ESG credentials

Investor desire for stocks with positive environmental, social and corporate governance (ESG) credentials will help boost ventilation group Volution (FAN), says Peel Hunt.

Analyst Clyde Lewis retained his ‘buy’ recommendation and target price of 330p on the stock, which soared 15.9%, or 50p, to close at 364p on Thursday.

Shares in the group are up 10% year-to-date but in the last six months they have ‘bounced a more impressive 81%’, Lewis wrote, ahead of today’s jump.

‘On current forecasts, the shares are trading on a price/earnings [ratio] of 18x for July 2021 and 16.4x for July 2022,’ said Lewis.

‘The market’s awareness of the group’s ESG credentials will also be a positive factor behind a rise in the valuation multiples.’

The stock remains ‘an attractive long-term buy’ as the bounce in its shares is ‘only the start of a longer-term journey, which will be supported by regulatory tailwinds [and] further bolt-ons’, the analyst added.

[philanderer] 11/3/2021 11:59

That was quick ;-)


LIBERUM RAISES VOLUTION GROUP PRICE TARGET TO 377 (335) PENCE - 'BUY'

BERENBERG RAISES VOLUTION GROUP PRICE TARGET TO 410 (370) PENCE - 'BUY'

[philanderer] 11/3/2021 11:50

Broker upgrades maybe ?


Volution Group PLC, up 8.4% at 340.25p, 12-month range 122.46p-346p - hitting this high earlier on Thursday. The ventilation products supplier reports revenue of GBP131.7 million in the half-year to January 31, up 11% on GBP118.8 million a year ago.

Pretax profit improves 19% to GBP14.2 million and firm declares interim dividend per share of 1.90p, versus nothing a year ago. Adds that earnings for full-year are expected to be ahead of current market expectations.

Alliance News

[philanderer] 11/3/2021 10:30

And very well received :-)

[philanderer] 09/3/2021 14:18

Interims thursday

[philanderer] 08/3/2021 11:26

Volution Group set for outperformance, says SVM’s Veitch


Volution (FAN) has suffered some ‘missteps’ but the ventilation group is now at an ‘exciting point’, says SVM UK Opportunities fund manager Neil Veitch.

The manager of the £151m portfolio said Volution had successfully grown its business both organically and through acquisitions, but there ‘have been a few bumps along the way’, including weaker demand from social housing customers and logistical difficulties at one of its facilities.

‘With these missteps behind it, Volution appears to have reached an exciting point in its history,’ said Veitch, in the latest fund factsheet.

The manager said the group will benefit from long-term trends around energy efficiency and air quality but the market is ‘only just beginning to recognise the opportunities available’.

‘The company is well-placed to benefit from the…secular trends,’ said Veitch. ‘With the ability to augment this growth via returns-enhancing acquisitions, we expect the stock to outperform.’

Shares in Volution closed 1.7%, or 5p, higher on Friday at 305p.

[philanderer] 05/3/2021 15:30

Case study: Volution CFO on sustainability-linked financing

Andy O’Brien explains how the ventilation systems firm launched a £150m sustainability-linked revolving credit facility as a way of underpinning its ESG commitment

[philanderer] 22/2/2021 14:50

VENT-AXIA@VentAxia

Our popular T-Series fan is ideal for dentist surgeries wanting to reduce #fallowtime providing efficient, effective ventilation with 8 air changes an hour, helping reduce virus transmission.

[philanderer] 18/2/2021 12:30

Should be good for future business..


Air systems in some UK quarantine hotels 'risk spreading Covid'

Expert says some hotels’ ventilation systems provide inadequate airflow or could spread virus

[philanderer] 17/2/2021 18:28

Big volume today .. 4 million traded

[philanderer] 06/2/2021 00:41

What synergies Volution Group would achieve by acquiring Sweden-based Klimatfabriken?

[cellars] 03/2/2021 15:16

I wonder whether Liberum's TP incorporates the 20% margin stated in today's TU?

[philanderer] 03/2/2021 11:53

The large volume days lately pointing to some sort of corporate action. And it looks to be a good acquisition - and trading update :-)




edit:

Volution Group: Liberum reiterates buy with a target price of 335p.

[philanderer] 02/2/2021 18:27

Big volume today 2.3 million traded

[philanderer] 26/1/2021 11:55

'Volution Group has a fair wind behind it'