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Volex expects top-end profit forecast after record 21% revenue growth in H1 2026

Market News
19 Oct 2026
Proactive Investors
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Bullish
Volex expects top-end profit forecast after record 21% revenue growth in H1 2026

Volex PLC, a UK manufacturer of power and data transmission products, reported a record first-half revenue increase of at least 21% to $710 million for the six months ending September 30, 2026. Growth was driven by aerospace, defence, electric vehicles, electrification, and consumer electricals, with a notable contribution from its recent acquisition, Kepler SignalTek. The company expects its annual operating profit to reach the upper end of market forecasts, with margins improving toward a 12% medium-term target due to a stronger sales mix and operational efficiencies. Volex also plans to complete US manufacturing site consolidation by year-end and anticipates further growth from next-generation data centre products starting in fiscal 2028. Half-year results will be published on November 12.

Volex's record first-half revenue growth of at least 21% to $710 million sets a strong performance benchmark. For readers following Industrials-sector US stocks on Pluang, here is the market snapshot as of Oct 19, 2026 13:41 WIB: out of 135 stocks, 102 rose and 32 fell. Notable movers include SMX Security Matters plc (SMX) up 7.57% at USD 1.99 with a typical hold time of 22 days, Geo Group Inc (GEO) down 6.98% at USD 28.66 with a typical hold time of 10 days, and Nordic American Tankers Limited (NAT) down 6.46% at USD 7.68 with a typical hold time of 4 days.

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