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Volex reports 21% revenue growth, beats forecasts, brokers keep 'buy' ratings

Market News
19 Oct 2026
Proactive Investors
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Bullish
Volex reports 21% revenue growth, beats forecasts, brokers keep 'buy' ratings

Volex PLC exceeded revenue expectations with at least $710 million in H1 2026/27, driven by strong demand in data centres and electric vehicles, surpassing broker forecasts. Peel Hunt and Jefferies maintained 'buy' ratings, highlighting robust commercial momentum and improved profitability. Growth in data centres and EV sectors is expected to continue, with potential new upgrade cycles in 2027/28. Jefferies raised its price target and earnings forecasts, reflecting confidence in Volex's long-term outlook despite recent share price gains.

Volex's growth and broker ratings provide context for Pluang's Industrials sector data. For readers following Industrials, here is Pluang's market snapshot as of Oct 19, 2026 19:22 WIB: out of 135 priced US stocks, 89 rose and 26 fell. Notable movers include ENVX at USD 2.57 (+3.21%), AMSC at USD 26.48 (+3.16%), and FIX at USD 1,482.59 (+3.02%).

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