Volex Plc (VLX.L), a maker of critical power and data transmission products, reported preliminary profit before taxation for the 52 weeks ended 30 March 2025 increased to $64.3 million from $51.6 million last year.
Profit attributable to owners of the parent for the year was $47.9 million or 25.6 cents per share up from $39.3 million or 21.4 cents per share in the previous year.
Underlying earnings per share was 35.8 cents compared to 33.0 cents per share in the prior year.
Annual group revenue rose by 19.0% to $1.087 billion from $912.8 million in the previous financial year, with organic growth reaching 11.1%, driven by particularly strong performance in Electric Vehicles and Consumer Electricals.
The company said its board proposed an increased final dividend of 3.0 pence per share. This final dividend, combined with an interim dividend of 1.5 pence per share, results in a total dividend for fiscal year 2025 of 4.5 pence.
The company said its board remains confident in delivering long term shareholder value, supported by strong financial foundations, customer demand and operational excellence.
The company noted that trading in fiscal year 2026 to date has been very strong, marking a solid start to the year and continuing the momentum established in fiscal year 2025.
The Group said it enters fiscal year 2026 with attractive growth opportunities ahead and remains well positioned to meet its five-year plan targets.
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