Volution (FAN.L, FAN LN)

  • 1089.9
  • 197.8
  • 98.3
  • VOLUTION

    Closing Price (p): 551.0

  • RATING 23/10/24

  • PREVIOUS RATING 31/03/21

    OUTPERFORM

Company Profile

Volution's objective is to provide healthy air in a sustainable manner. The group is principally a designer and assembler of ventilation products from components (electrics and motors) supplied by third parties, although it does injection mould the majority of the plastic components used. Volution offers a broad range of products, including extractor fans; MVHR (mechanical ventilation with heat recovery) systems; ducting products and accessories; air handling units; fan coils; and hybrid ventilation solutions. The group has operations in the UK, the Nordic region, Continental Europe and Australasia. Expansion via acquisition has been a characteristic of Volution's development since its 2014 IPO, facilitated by the generation of consistently high levels of free cash flow.


Major Shareholders%
Aegon Asset Management UK PLC5.1
Capital Research & Mgt (World)5.1
JPMorgan Asset Mgt. (UK) Ltd.4.9
Baillie Gifford & Co.4.8
PrimeStone Capital LLP4.8