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Volution Group PLC - Crawley, England-based energy-efficient indoor air quality solutions firm - Expects over 7% annual revenue growth in year ending July 31. Reports that UK residential revenue has grown strongly due to heightened awareness of health risks associated with mould and condensation. However, notes a weak half for UK commercial amidst a ‘challenging’ economic backdrop. Says growth has been driven by acquisitions in Europe and Australasia, and will begin the new year with ‘ample headroom for further earnings accretive acquisitions’.
Current stock price: 524.00 pence, up 3.2% in London on Wednesday afternoon
12-month change: up 36%
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