Building HVAC & Ventilation Solutions / Construction Products
Strategic Profile
In FY 2025, Volution delivered a 21% increase in revenue to £419 million, with adjusted operating profit up 19.7% year on year to £93.4 million. Volution's growth strategy rests on three pillars — organic expansion, value-adding acquisitions, and operational excellence. Long-term demand for ventilation solutions is supported by decarbonisation goals, stricter energy-efficiency standards, and heightened awareness of indoor air quality.
Cyborg Score Rationale
EBIT margin above 20%; strong balance sheet with minimal net debt. Dividend up 20%, fourth consecutive year of double-digit growth. Management expects double-digit growth again in FY 2026, supported by regulatory tailwinds in energy efficiency and healthy buildings, as well as continued integration of recent bolt-on acquisitions.
Top Insights
FY 2025 revenue grows 21% to £419M; shares hit a record high of 707p
Dividend set to rise by 20% this year, marking the fourth consecutive year of double-digit growth. Current dividend yield is about 1.5%