Volution Group PLC (FAN) Issues Quarterly Earnings Results

Volution Group PLC (LON:FAN) announced its earnings results on Tuesday. The company reported GBX 13.60 ($0.18) earnings per share for the quarter, meeting the consensus estimate of GBX 13.60 ($0.18), Digital Look Earnings reports. The firm had revenue of GBX 1,850.60 billion for the quarter. Volution Group PLC had a return on equity of 9.26% and a net margin of 8.12%.

Volution Group PLC (FAN) traded up 2.01% during mid-day trading on Thursday, hitting GBX 203.50. The stock had a trading volume of 2,243 shares. The firm’s market cap is GBX 405.13 million. The stock has a 50 day moving average of GBX 195.33 and a 200-day moving average of GBX 192.44. Volution Group PLC has a 1-year low of GBX 141.20 and a 1-year high of GBX 204.00.

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Several analysts have weighed in on FAN shares. Canaccord Genuity reaffirmed a “buy” rating and set a GBX 215 ($2.83) target price on shares of Volution Group PLC in a research note on Thursday, July 27th. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 206 ($2.71) target price on shares of Volution Group PLC in a research note on Tuesday. Finally, Liberum Capital reaffirmed a “buy” rating and set a GBX 233 ($3.06) target price on shares of Volution Group PLC in a research note on Tuesday.

Volution Group PLC Company Profile

Volution Group plc is a United Kingdom-based company, which is a supplier of ventilation products to the residential and commercial construction markets in the United Kingdom and northern Europe. The Company is principally engaged in designing, manufacturing and distribution of unitary and systems ventilation products and equipment.

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