Volex plc - Company Profile
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Volex plc (Volex) is a provider of electronic components and integrated manufacturing services. The company’s product portfolio includes power cords, fiber optic cables, high-speed copper cables, electric vehicles and components. It also offers multiple services including Electromechanical Assemblies and Systems, Custom Wiring and Cable Harnesses, Printed Circuit Board Assemblies (PCBA) and High-Level Assembly (HLA) Manufacturing and Integration. Volex markets its products to Original Equipment Manufacturers (OEMs) and electronic manufacturing services companies through its sales force and distributors across the world. The company has business operations in Asia- Pacific, North America, and Europe. Volex is headquartered in Basingstoke, Greater London, the UK.
Headquarters
United Kingdom
Address
Unit C1 Antura, Bond Close, Basingstoke, England, RG248PZ
Website
www.volex.com
Telephone
44 1256 442570
No of Employees
7,433
Industry
Technology and Communications
Ticker Symbol & Exchange
VLX (LON)
Revenue (2023)
$722.8M
17.6%
(2023 vs 2022)
EPS
XYZ
Net Income (2023)
XYZ
21.1%
(2023 vs 2022)
Market Cap*
$711.3M
Net Profit Margin (2023)
XYZ
2.8%
(2023 vs 2022)
* As of and is in US$
Volex plc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Power Cords: | Electromechanical Assemblies | Volex |
| Electric Vehicle Components | High Level Assembly(HLA) Manufacturing and Integration | |
| Data Centre Power | Box Builds | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2023 | Acquisitions/Mergers/Takeovers | In September, the company announced acquisition of Murat Ticaret Kablo Sanayi A.Ş. |
| 2023 | Plans/Strategy | In June, the company announced its plans to acquire Murat Ticaret Kablo Sanayi A.S., a manufacturer of complex wire harnesses. |
| 2023 | Commercial Operation | In May, the company announced expansion to new Batam, Indonesia facility. |
Competitor Comparison
| Key Parameters | Volex plc | Amphenol Corp | Morgan Advanced Materials Plc | Huber+Suhner AG | Advanced Power Components plc |
|---|---|---|---|---|---|
| Headquarters | United Kingdom | United States of America | United Kingdom | Switzerland | United Kingdom |
| City | Basingstoke | Wallingford | Windsor | Herisau AR | Rochester |
| State/Province | England | Connecticut | England | - | England |
| No. of Employees | 7,433 | 91,000 | 8,550 | 4,278 | 89 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Nathaniel Rothschild | Chairman | Executive Board | 2015 | 51 |
| Jon Boaden | Chief Financial Officer; Director | Executive Board | 2020 | 45 |
| John Molloy | Chief Operating Officer | Senior Management | 2017 | - |
| Jessica Yu | Vice President - Global Procurement and RFQ; Chief Operating Officer - China | Senior Management | 2022 | - |
| Alan Taylor | Director - Human Resources | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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