Volex plc (VLX.L) on Wednesday reported a strong trading update for the nine months ended December 31, 2025, driven by continued momentum in the third quarter.
Group revenue rose to $902.7 million, reflecting organic constant currency growth of 14.8 percent year over year. Performance was led by the Complex Industrial Technology segment, supported by strong data center demand tied to AI and digital infrastructure investment.
Operating margins remained near the upper end of the 9 to 10 percent target range, while net debt declined and leverage improved to around 1.0x.
The board expects full-year revenue and underlying operating profit to exceed market expectations.
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Business News
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.