Volex shares fall on 'softening of demand across all sectors'

Shares in Volex, the provider of electrical, digital and optical connections, fell 27.27 per cent to 102p at 09:31 on Friday morning following publication of a trading update and news of board appointments at the company.

Shares in Volex, the provider of electrical, digital and optical connections, fell 27.27 per cent to 102p at 09:31 on Friday morning following publication of a trading update and news of board appointments at the company.

The group stated: "contrary to earlier expectations of growth in second half revenue, the company has experienced a general softening of demand across all sectors as well as delays in specific project timelines, which does not include our largest customer.

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