Volex (VLX) AGM 2026 summary

Opening remarks and agenda

• Chair welcomed attendees, introduced board members, and explained that Jon Boaden would act as Chair for the meeting.

• Chair of the Board, Dave Webster, opened the meeting and outlined the agenda, emphasizing the company's positioning for growth and complexity.

• Attendees were informed of the meeting format and the opportunity for shareholder engagement.

Financial performance review

• Reported 28% constant currency organic revenue growth year-on-year for the first four months of FY 2027, with broad-based growth across all five end markets.

• Data center and EV/electrification products led growth, with strong demand and energy efficiency trends.

• Sequential trading showed average monthly revenue up 8% over the second half of FY 2026.

• CEO Lord Rothschild provided a trading update, highlighting operational performance and strategic positioning.

• Operating expenses managed closely, supporting improved underlying operating margin.

Board and executive committee updates

• Directors and officers were introduced, including CEO, CFO, and independent non-executive directors.

• Board composition includes Dave Webster (Chair), Lord Rothschild (CEO), Jon Boaden (CFO), Sir Peter Westmacott, Jeffrey Jackson, Amelia Murillo, and John Wilson.