Volex sees full-year sales rise despite Q4 slip

Electrical, digital and optical connections provider Volex has reported 'resilient' trading in the final quarter despite continuing economic uncertainty.

Electrical, digital and optical connections provider Volex has reported 'resilient' trading in the final quarter despite continuing economic uncertainty.

Consumer revenue was in line with the previous year, while year-on-year revenue growth in the Healthcare sector was over 20%. Telecoms/Datacoms revenue in the quarter continued to be affected by reduced spend by telecoms operators while trading in the Industrial sector, as predicted, largely recovered from the customer destocking experienced in the third quarter.

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