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Volex PLC said on Thursday it delivered a ‘strong’ first-half result and expects second-half revenues to be ‘broadly similar’.
The Hampshire, England-based maker of power and data transmission products said in its half-year trading statement that revenues are expected to exceed $575 million with organic revenue growth at least 11% for the six months ended September 30. The prior year, it achieved interim revenue of $518.2 million.
Shares in Volex rose 3.3% to 365.50 pence Thursday morning in London.
Volex said Complex Industrial Technology ‘grew significantly’ with data centre demand showing a very strong increase relative to the first-half of financial 2025.
The company said Off-Highway delivered strong growth and its Electric Vehicles grew ‘strongly’ year-on-year, while Medical demand was subdued.
Consumer Electricals revenue was similar to the second-half of financial 2025, but down on an organic basis.
In its trading statement, Volex said: ‘Structural demand in key markets, a diversified customer base, and continued investment in capability expansion underpin the group’s confidence in delivering strong returns for all stakeholders, despite a challenging macro-economic environment.
‘The board’s expectations for the full year remain unchanged.’
Volex said it expects to release its half-year results on November 12.
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