Volution Group plc (FAN.L) issued trading update for the four months ended 30 November 2025. The Group said its fiscal 2026 has started well, with organic revenue growth at constant currency of approximately 5%. All three regions delivered organic growth in the period. Combined with inorganic growth of 25% from the prior year acquisition of Fantech and a small benefit from foreign exchange, total revenue growth for the first four months was just over 30%. Volution Group expects to deliver another year of good growth in revenue, operating profit and cash generation.
Separately, Volution Group plc announced it has signed an agreement to acquire the AC Industries business. Headquartered in Sydney Australia, ACI designs, manufactures and supplies specialist ventilation ducting solutions for secondary ventilation in underground mines. Consideration for the acquisition on a cash and debt free basis is approximately 75 million pounds on completion, followed by further contingent consideration of up to approximately 14.5 million pounds based on EBITDA performance. The Group expects the acquisition to complete in February 2026 and to be immediately earnings accretive.
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