Volution Group Plc Board has recommended a final dividend of 7.4 pence per share, giving a total dividend for the financial year of 10.8 pence per share (2024: 9.0 pence per share), an increase of 20.0% on the previous year. This is in line with their ambition to progressively grow dividends each year. The adjusted earnings dividend cover for the year was 3.1x (2024: 3.1x). Subject to approval by shareholders at the Annual General Meeting on 10 December 2025, the final dividend will be paid on 16 December 2025 to shareholders on the register at 21 November 2025.
Other financial highlights include:
Total revenue growth of 20.6% (21.9%cc), of which 5.7%cc organic growth and 16.2% inorganic from eight months of Fantech contribution
Strong volume-led organic revenue growth of 5.7%cc; highest in UK at 9.5% driven by residential, supported by regulations and share gain
Adjusted operating profit margin of 22.3% (2024: 22.5%), with organic margin expansion of 50bps offset by dilution due to Fantech
Excellent cash conversion of 109% (2024: 107%) supported by disciplined working capital management; leverage 1.2x despite acquisition spend
Adjusted basic EPS up 18.2% at 33.1 pence (2024: 28.0 pence), with reported basic EPS at 21.0 pence (2024: 21.6 pence)
Return on Invested Capital (ROIC) was robust at 25.2%, despite the dilutive impact of the acquisition of Fantech. (2024: 27.8%)
Successfully completed their largest acquisition to date Fantech in Australasia for consideration of AU$281 million; integration progressing well
