Volution Group PLC (FAN) Posts Quarterly Earnings Results, Meets Estimates

Volution Group PLC (LON:FAN) announced its quarterly earnings results on Tuesday. The company reported GBX 13.60 ($0.18) earnings per share for the quarter, meeting the Thomson Reuters’ consensus estimate of GBX 13.60 ($0.18), Digital Look Earnings reports. The company had revenue of GBX 1,850.60 billion during 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% on Thursday, hitting GBX 203.50. The company’s stock had a trading volume of 2,243 shares. Volution Group PLC has a 12 month low of GBX 141.20 and a 12 month high of GBX 204.00. The firm has a 50 day moving average of GBX 195.70 and a 200 day moving average of GBX 192.52. The firm’s market cap is GBX 405.13 million.

Several equities analysts recently commented on FAN shares. Liberum Capital reiterated a “buy” rating and issued a GBX 233 ($3.06) price objective on shares of Volution Group PLC in a report on Tuesday. Canaccord Genuity reiterated a “buy” rating and issued a GBX 215 ($2.83) price objective on shares of Volution Group PLC in a report on Thursday, July 27th. Finally, Numis Securities Ltd reiterated a “hold” rating and issued a GBX 206 ($2.71) price objective on shares of Volution Group PLC in a report on Tuesday.

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About Volution Group PLC

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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