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VLX Volex News Story

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UK's Volex rises after higher annual profit

BUZZ-UK's Volex rises after higher annual profit

** Shares of Britain's Volex VLX.L up 3% at 601 pence

** Co reports FY adjusted pretax profit of $108.4 mln vs $87.6 mln a year earlier

** Says trading to date in FY2027 has been strong and in line with expectations

** Also says group is well positioned to deliver medium term targets, including revenues of $2 bln and a 12% underlying operating margin

** VLX up ~39.2% this year, as of last close



(Reporting by Megha Kumari in Bengaluru)

((Megha.Kumari@thomsonreuters.com;))

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