UK's Volution soars to 3-month high on upbeat outlook
13/03/2025 10:28
** Shares of ventilation products supplier Volution FAN.L up 10.79% at 575p, highest since November 27 ** Biggest intraday gain since March 2023 ** London-based company expects full-year earnings to be ahead of consensus ** Co reports 10.4% growth in adjusted profit before tax and 8.9% revenue growth in H1 2025 ** Jefferies analysts say co is "deleveraging nicely following the Fantech acquisition in December, which paves the way for the continuation of the M&A consolidation play" ** Up to Wednesday's close, stock had risen 2.68% so far this year ( Reporting by Simone Lobo in Bengaluru) ((Simone.Lobo@thomsonreuters.com; +919920570373;))