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(Sharecast News) - Ventilation products manufacturer Volution Group said on Wednesday that trading in the first four months of FY26 had started well, with organic revenue growth of around 5% at constant currency.
Volution, which said all three regions delivered organic growth against a varied but generally challenging backdrop, stated total revenues for the period were up more than 30%, including a 25% contribution from theitsrecent acquisition of Fantech and a small foreign exchange benefit,
The FTSE 250-listed firm said operating margins had remained strong, with organic adjusted margins consistent with the prior year, supported by ongoing engineering and procurement initiatives to drive product cost improvements.
Volution stated due to solid organic growth, the inorganic benefit from Fantech and resilient margin performance, it now expects to deliver another year of good progress in revenue, operating profit and cash generation.
Separately, Volution announced the acquisition of AC Industries for an initial AUD $150m (75m), with a further contingent consideration of up to AUD $28.9m (14.5m). Completion was expected in February 2026, with the deal set to be immediately earnings accretive.
Reporting by Iain Gilbert at Sharecast.com
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