Volex expects annual profit towards upper end of forecasts after record first-half revenue

Impact · against what's priced in

Volex (VLX) is likely to see a positive price revision as organic revenue growth of 21% and operating profit targeting the upper end of forecasts suggest an earnings beat for the November 12 report. Bradda Head Lithium (BHL) provides a positive update on lithium project assays, though its impact is limited by the early-stage nature of the drilling programme.

VLX+0.60

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