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Volex

July 2025

Investing in shares may lose you all or some of your money. Past performance is no indication of future performance. Some of the shares recommended here may be small company shares, which can be relatively illiquid and hard to trade and this makes such shares more risky than other investments.

  • Epic Code:
  • VLX
  • Price:
  • 383p
Volex shares surged 80p after FY25 results smashed expectations. Sales reached US$1,087m, up 19% year-on-year (11% organic), driven by volume growth and a full-year contribution from Murat Ticaret. Pretax profit came in at US$87m, with EPS of 36.3 cents. In my conversation with FD Jon Boaden, it was clear the swing factors were the EV and Consumer Electronics divisions. EV revenue soared 40% to US$172.9m, fuelled by a major new programme with Tesla to supply advanced high-voltage in-car connectors, produced at Volex’s newly expanded, highly automated facility in Mexico. In addition, the company has secured contracts for NACS EV connectors from manufacturers representing two-thirds of EV sales in Europe and the US. Consumer ...

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With small companies there is an above average degree of risk compared to buying blue chips. Please be aware that we have not assessed the suitability of any of these investments for you. The newsletter simply states a personal view and diarises the editor’s investment decisions. Please speak to your stockbroker or other qualified individual to ascertain whether any of these companies mentioned would form useful additions to your own portfolios. Past performance is no indication of future success.

All material on this website is protected by copyright. You may use Information retrieved from the www.scsw.co.uk website for your own personal non-commercial use which means that you may not sell or copy this information to any third party without prior written consent. ISSN 1358-183X

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