REG - Volution Group plc - AGM Trading Update

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RNS Number : 9169K  Volution Group plc  10 December 2025

 

 

 

Wednesday 10 December 2025

 

 

Volution Group plc

Trading Update for 4 months ended 30 November 2025

  Good start to FY 2026 and acquisition of AC Industries

 

Volution Group plc ("Volution" or "the Group" or "the Company", LSE: FAN), a
leading international designer and manufacturer of energy efficient indoor air
quality solutions, announces its trading update for the four months ended 30
November 2025 ("the period"), ahead of its Annual General Meeting which is
being held later today.

FY26 has started well, with organic revenue growth at constant currency of
c.5%.  All three regions delivered organic growth in the period, against what
continues to be a varied, but generally challenging backdrop. Combined with
inorganic growth of 25% from the prior year acquisition of Fantech and a small
benefit from foreign exchange, total revenue growth for the first four months
was just over 30%.

 

Our continued focus on operational excellence and driving product cost
improvements through engineering and procurement initiatives means that
operating margins have remained strong, with organic adjusted operating
margins consistent with prior year.

 

With good organic revenue growth, the inorganic benefit from the Fantech
acquisition in December 2024 and strong operating margin performance in the
period, we expect to deliver another year of good growth in revenue, operating
profit and cash generation.

 

Acquisition of AC Industries

 

In a separate statement released this morning, the Group announced that it has
signed an agreement to acquire the AC Industries business ("ACI"), based in
Sydney, Australia, for an initial AUD$150 million (approximately £75 million)
on completion on a cash and debt free basis, followed by further contingent
consideration of up to AUD$28.9 million (approximately £14.5 million).  The
acquisition is expected to complete in February 2026 and will be immediately
earnings accretive. Further information relating to this acquisition can be
found in the statement.

 

-Ends-

 

For further information:

 Volution Group plc
 Ronnie George, Chief Executive Officer             +44 (0) 1293 441501
 Andy O'Brien, Chief Financial Officer              +44 (0) 1293 441536

 FTI Consulting                                     +44 (0) 203 727 1340
 Richard Mountain

 

Volution Group plc Legal Entity Identifier: 213800EPT84EQCDHO768.

 

Note to Editors:

 

Volution Group plc (LSE: FAN) is a leading international designer and
manufacturer of energy efficient indoor air quality solutions.  Volution
Group comprises 29 key brands across three regions:

 

UK: Vent-Axia, Manrose, Diffusion, National Ventilation, Airtech, Breathing
Buildings, Torin-Sifan.

Continental Europe: Fresh, PAX, VoltAir, Kair, Air Connection, Rtek, inVENTer,
Ventilair, ClimaRad, ERI Corporation, VMI, I-Vent.

Australasia: Simx, Ventair, Manrose, DVS, Fantech, Ideal Air, NCS Acoustics,
Air Design, Major Air, Systemaire, Burra Steel.

 

For more information, please go to: www.volutiongroupplc.com
(http://www.volutiongroupplc.com)

 

Cautionary statement regarding forward-looking statements

This document may contain forward-looking statements which are made in good
faith and are based on current expectations or beliefs, as well as assumptions
about future events. You can sometimes, but not always, identify these
statements by the use of a date in the future or such words as "will",
"anticipate", "estimate", "expect", "project", "intend", "plan", "should",
"may", "assume" and other similar words. By their nature, forward-looking
statements are inherently predictive and speculative and involve risk and
uncertainty because they relate to events and depend on circumstances that
will occur in the future. You should not place undue reliance on these
forward-looking statements, which are not a guarantee of future performance
and are subject to factors that could cause our actual results to differ
materially from those expressed or implied by these statements. The Company
undertakes no obligation to update any forward-looking statements contained in
this document, whether as a result of new information, future events or
otherwise.

 

 

 

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