India, April 7 -- Volex Plc (VLX.L), a maker of critical power and data transmission products, said on Monday that it expects a rise in annual revenue amidst increased demand.
Nat Rothschild, Executive Chairman of Volex, said: "For the first time in Volex's history, revenue and profits have exceeded $1 billion and $100 million respectively. This is a direct result of our continued investment in advanced manufacturing capabilities, coupled with our strategic focus on key growth sectors, whilst simultaneously maintaining strong returns on capital employed."
For the 12-month period to March 30, the company expects to register revenue of at least $1.060 billion, up at least 16 percent from the previous year.
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