Latest news with #Volex
Cision Canada
3 days ago
- Business
- Cision Canada
Pasqua First Nation Group of Companies announces acquiring controlling equity interest of Terminal and Cable TC Inc.
MONTREAL, June 6, 2025 /CNW/ - Pasqua First Nation Group of Companies (PFNGC) is pleased to announce that it has acquired controlling equity interest of all the tangible and intangible assets of Terminal and Cable TC Inc. a Canada based manufacturer of wire harness solutions. This transaction was formalized by the creation of Terminal & Cable GP Inc. in order to secure a flawless business transition and activity continuation. "This transaction extends beyond having controlling interest of Terminal & Cable GP Inc," said Chief Fabian Ironeagle of Pasqua First Nation. "It is a reflection of our strength as a First Nation and bringing with it a determination to create opportunities for our people and the generations that follow." Prior to the acquisition, Montreal based Terminal & Cable TC Inc. was a 100 percent owned subsidiary of Volex. Volex is a diversified manufacturing company based in the United Kingdom. PFNGC has created a new corporate structure and has transferred Terminal & Cable TC Inc into the newly formed Terminal & Cable GP Inc. Volex will remain in an active role with Terminal & Cable GP with 49 percent ownership of the company. "We are pleased to be working in partnership with PFNGC to support the growth of Terminal & Cable GP" said Lord Rothschild, Executive Chairman of Volex Plc. "This is an opportunity to build on the relationships and strong reputation that PFNGC has within the North American aerospace and defence markets, expanding the capabilities available to customers in the region." With the acquisition, Terminal & Cable GP Inc. becomes a majority-owned Indigenous business, opening doors to immediate revenue expansion in the defence and aerospace industries. PFN Group of Companies CEO, Richard Missens, says, "the new acquisition will diversify our Nation's contributions to the Canadian defence and aerospace industries." The acquisition complements PFNGC owned Pro Metal Industries, a leader in the build to print metal fabrication. PFNGC through Pro Metal Industries already has strong relationships with defence and aerospace leading companies in both Canada and the United States. Terminal and Cable GP Inc. will benefit from these relationships and look to capitalize on future opportunities for growth. "PFNGC fully expects that the acquisition will increase the value and competitiveness of Terminal & Cable in a very real, material, and measurable way within the industry," said Richard Missens." PFNGC and Volex celebrated the announcement of the acquisition at the 40,000 square foot Terminal & Cable manufacturing site located in Carignan, Quebec on June 6, 2025. The Pasqua First Nation Group of Companies (PFNGC) is responsible for the development of new businesses, partnerships and equity holdings that will contribute to the wealth and economic sustainability for the Nation. PFNGC expects to derive material benefits for the Pasqua First Nation (PFN) as a result of this acquisition. Volex is a global leader in integrated manufacturing for performance-critical applications and a supplier of power products. Terminal and Cable TC Inc. was founded in 1968 as a supplier to major defense and aerospace customers.
Yahoo
3 days ago
- Business
- Yahoo
Pasqua First Nation Group of Companies announces acquiring controlling equity interest of Terminal and Cable TC Inc.
MONTREAL, June 6, 2025 /CNW/ - Pasqua First Nation Group of Companies (PFNGC) is pleased to announce that it has acquired controlling equity interest of all the tangible and intangible assets of Terminal and Cable TC Inc. a Canada based manufacturer of wire harness solutions. This transaction was formalized by the creation of Terminal & Cable GP Inc. in order to secure a flawless business transition and activity continuation. "This transaction extends beyond having controlling interest of Terminal & Cable GP Inc," said Chief Fabian Ironeagle of Pasqua First Nation. "It is a reflection of our strength as a First Nation and bringing with it a determination to create opportunities for our people and the generations that follow." Prior to the acquisition, Montreal based Terminal & Cable TC Inc. was a 100 percent owned subsidiary of Volex. Volex is a diversified manufacturing company based in the United Kingdom. PFNGC has created a new corporate structure and has transferred Terminal & Cable TC Inc into the newly formed Terminal & Cable GP Inc. Volex will remain in an active role with Terminal & Cable GP with 49 percent ownership of the company. "We are pleased to be working in partnership with PFNGC to support the growth of Terminal & Cable GP" said Lord Rothschild, Executive Chairman of Volex Plc. "This is an opportunity to build on the relationships and strong reputation that PFNGC has within the North American aerospace and defence markets, expanding the capabilities available to customers in the region." With the acquisition, Terminal & Cable GP Inc. becomes a majority-owned Indigenous business, opening doors to immediate revenue expansion in the defence and aerospace industries. PFN Group of Companies CEO, Richard Missens, says, "the new acquisition will diversify our Nation's contributions to the Canadian defence and aerospace industries." The acquisition complements PFNGC owned Pro Metal Industries, a leader in the build to print metal fabrication. PFNGC through Pro Metal Industries already has strong relationships with defence and aerospace leading companies in both Canada and the United States. Terminal and Cable GP Inc. will benefit from these relationships and look to capitalize on future opportunities for growth. "PFNGC fully expects that the acquisition will increase the value and competitiveness of Terminal & Cable in a very real, material, and measurable way within the industry," said Richard Missens." PFNGC and Volex celebrated the announcement of the acquisition at the 40,000 square foot Terminal & Cable manufacturing site located in Carignan, Quebec on June 6, 2025. The Pasqua First Nation Group of Companies (PFNGC) is responsible for the development of new businesses, partnerships and equity holdings that will contribute to the wealth and economic sustainability for the Nation. PFNGC expects to derive material benefits for the Pasqua First Nation (PFN) as a result of this acquisition. Volex is a global leader in integrated manufacturing for performance-critical applications and a supplier of power products. Terminal and Cable TC Inc. was founded in 1968 as a supplier to major defense and aerospace customers. SOURCE Pasqua First Nation Group of Companies (PFNGC) View original content: Sign in to access your portfolio
Yahoo
25-04-2025
- Business
- Yahoo
European Insider Buying Insights Into 3 Undervalued Small Caps
In recent weeks, European markets have shown resilience, with the pan-European STOXX Europe 600 Index climbing 3.93% amid positive investor sentiment driven by delayed tariff implementations and signals of further interest rate cuts by the European Central Bank. This environment has sparked renewed interest in small-cap stocks, which often thrive during periods of economic optimism due to their growth potential and agility in adapting to changing market conditions. Identifying promising small-cap stocks involves assessing factors such as financial health, market positioning, and insider activity—elements that can indicate underlying value even when broader market trends are uncertain. Name PE PS Discount to Fair Value Value Rating Morgan Advanced Materials 10.5x 0.5x 43.46% ★★★★★★ Tristel 27.2x 3.8x 28.07% ★★★★★☆ J D Wetherspoon 11.4x 0.3x 35.47% ★★★★★☆ Savills 23.8x 0.5x 42.83% ★★★★☆☆ Speedy Hire NA 0.2x 3.37% ★★★★☆☆ Norcros 24.4x 0.6x 27.90% ★★★☆☆☆ FRP Advisory Group 12.6x 2.2x 8.69% ★★★☆☆☆ Italmobiliare 10.9x 1.4x -259.01% ★★★☆☆☆ Arendals Fossekompani 21.0x 1.6x 47.83% ★★★☆☆☆ FastPartner 15.1x 4.3x -67.76% ★★★☆☆☆ Click here to see the full list of 63 stocks from our Undervalued European Small Caps With Insider Buying screener. Underneath we present a selection of stocks filtered out by our screen. Simply Wall St Value Rating: ★★★★★☆ Overview: Volex is a global manufacturer and supplier of complex assemblies for performance-critical applications, with a market cap of approximately £0.85 billion. Operations: Volex's revenue has shown a consistent upward trajectory, reaching $1.03 billion by 2025. The company has experienced fluctuations in its gross profit margin, which was at 22.74% in the latest period analyzed. Operating expenses have been rising alongside revenue growth, with general and administrative expenses being a significant component of these costs. Net income margin reflects gradual improvement over time, indicating enhanced profitability despite increased non-operating expenses. PE: 13.5x Volex, a European small-cap stock, is gaining attention for its potential value. Despite facing legal challenges from Credo Technology over patent issues, the company projects strong growth with expected 2025 revenue of at least $1.06 billion and operating profit surpassing market estimates at $100 million. Insider confidence is evident as Nathaniel Philip Victor Rothschild recently purchased 102,797 shares for approximately $225,825 in January 2025. However, Volex's reliance on external borrowing raises some financial risk concerns amidst its promising earnings forecast of 13% annual growth. Delve into the full analysis valuation report here for a deeper understanding of Volex. Evaluate Volex's historical performance by accessing our past performance report. Simply Wall St Value Rating: ★★★☆☆☆ Overview: C&C Group is a beverage company that produces and distributes alcoholic drinks, including cider and beer, with a market capitalization of approximately €0.88 billion. Operations: C&C Group's revenue has shown fluctuations, with a peak of €1.68 billion in 2023. The company's cost of goods sold (COGS) consistently represents a significant portion of revenue, impacting the gross profit margin which was 23.23% as of August 2024. Operating expenses have remained substantial, contributing to variations in net income across periods. Notably, non-operating expenses have also influenced net income outcomes significantly over time. PE: -4.9x C&C Group, a European beverage company, has caught attention with significant insider confidence. Ralph Findlay's purchase of 66,183 shares for approximately £99,003 in early 2025 highlights this confidence. Despite relying entirely on external borrowing for funding, which adds risk, the company's earnings are projected to grow by an impressive 88% annually. This potential growth offers intriguing prospects for investors considering smaller companies in Europe. Recent events include a special call and an anticipated earnings release on April 17th. Click to explore a detailed breakdown of our findings in C&C Group's valuation report. Review our historical performance report to gain insights into C&C Group's's past performance. Simply Wall St Value Rating: ★★★☆☆☆ Overview: Diös Fastigheter is a Swedish real estate company focused on owning and managing properties across several regions including Umeå, Gävle, Luleå, Dalarna, Sundsvall, Skellefteå, and Östersund/Åre with a market capitalization of approximately SEK 8.26 billion. Operations: Diös Fastigheter generates revenue through its various regional segments, with significant contributions from locations like Luleå and Dalarna. Over the observed periods, the company has experienced fluctuations in net income margin, showing a notable change from 1.24% in March 2022 to -0.09% in June 2024. The gross profit margin has shown an upward trend reaching 69.07% by September 2024. Operating expenses have remained relatively stable around SEK 85 million to SEK 100 million throughout recent periods, impacting overall profitability alongside non-operating expenses which have varied significantly over time. PE: 13.4x Diös Fastigheter, a notable player in the European property market, has recently made strategic moves to enhance its portfolio. Acquiring centrally located properties in Sundsvall and Umea, while divesting non-core assets in Lulea, reflects their focus on growth and optimization. Insider confidence is evident with recent board changes approved at the AGM on April 7, 2025. With a dividend of SEK 2.20 per share for 2024 and improved earnings of SEK 691 million from a previous loss, Diös demonstrates resilience amidst financial challenges. Take a closer look at Diös Fastigheter's potential here in our valuation report. Learn about Diös Fastigheter's historical performance. Gain an insight into the universe of 63 Undervalued European Small Caps With Insider Buying by clicking here. Are any of these part of your asset mix? Tap into the analytical power of Simply Wall St's portfolio to get a 360-degree view on how they're shaping up. Elevate your portfolio with Simply Wall St, the ultimate app for investors seeking global market coverage. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:VLX LSE:CCR and OM:DIOS. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
Yahoo
25-03-2025
- Business
- Yahoo
March 2025's European Undervalued Small Caps With Insider Action
As the pan-European STOXX Europe 600 Index ends a two-week losing streak with a modest gain, European markets are navigating a landscape marked by cautious central bank policies and trade-related uncertainties. Amid this backdrop, small-cap stocks present intriguing opportunities for investors seeking value, especially when insider activity suggests potential confidence in these companies' prospects. Name PE PS Discount to Fair Value Value Rating Bytes Technology Group 22.8x 5.8x 11.06% ★★★★★☆ Macfarlane Group 10.8x 0.6x 39.13% ★★★★★☆ Robert Walters NA 0.2x 47.68% ★★★★★☆ Speedy Hire NA 0.2x 24.89% ★★★★★☆ Savills 24.7x 0.6x 36.90% ★★★★☆☆ Gamma Communications 20.5x 2.1x 41.48% ★★★★☆☆ Seeing Machines NA 1.8x 23.75% ★★★★☆☆ Arendals Fossekompani 20.4x 1.6x 48.25% ★★★☆☆☆ Franchise Brands 36.6x 1.9x 29.74% ★★★☆☆☆ Exsitec Holding 25.4x 1.9x 46.51% ★★★☆☆☆ Click here to see the full list of 65 stocks from our Undervalued European Small Caps With Insider Buying screener. We're going to check out a few of the best picks from our screener tool. Simply Wall St Value Rating: ★★★★★☆ Overview: Volex is a global manufacturer and supplier of integrated manufacturing services and power products, with a market cap of approximately £0.99 billion. Operations: Volex generates revenue primarily through its sales, with a recent figure of $1.03 billion, while managing costs of goods sold (COGS) at $808.8 million. The company's gross profit margin has shown an upward trend, reaching 22.74% in the latest period. Operating expenses are significant, with general and administrative expenses being a major component at $129.4 million recently. Net income margin has been improving over time but remains modest at 4.21%. PE: 14.8x Volex, a notable player in the electrical and optical connectivity sector, recently reported a 21.8% revenue increase to US$789.4 million for the 39 weeks ending December 2024, driven by organic growth and acquisitions. Despite facing legal challenges from Credo Technology over patent infringement claims on March 13, insider confidence is evident with recent share purchases. The company's high debt levels pose risks; however, projected earnings growth of 15% annually suggests potential for future value realization. Take a closer look at Volex's potential here in our valuation report. Gain insights into Volex's past trends and performance with our Past report. Simply Wall St Value Rating: ★★★☆☆☆ Overview: is a company that specializes in the design, production, and distribution of laser systems for medical and industrial applications with a market capitalization of approximately €1.38 billion. Operations: revenue streams are primarily driven by its sales, with a notable gross profit margin that fluctuated between 36.83% and 37.95% in recent periods. The company incurs significant costs of goods sold (COGS), which reached €412.91 million by September 2024, impacting its overall profitability. Operating expenses have also been substantial, with general and administrative expenses consistently forming a major part of these costs, amounting to €165.16 million in March 2024. PE: 20.8x S.p.A., a European small-cap company, shows potential for growth with its recent performance and strategic moves. In 2024, the firm reported sales of €148.11 million and net income of €33.99 million, reflecting an upward trend from the previous year. Insider confidence is evident as Alberto Pecci purchased 15,000 shares valued at approximately €145,198 in early 2025. The company has initiated share repurchases since January 2025 and announced a dividend increase to €0.22 per share payable in May 2025, indicating shareholder value focus despite reliance on higher-risk external funding sources. Dive into the specifics of here with our thorough valuation report. Explore historical data to track performance over time in our Past section. Simply Wall St Value Rating: ★★★☆☆☆ Overview: Arendals Fossekompani is a diversified industrial investment company involved in renewable energy, technology, and infrastructure sectors, with a market capitalization of approximately NOK 8.64 billion. Operations: Arendals Fossekompani derives its revenue primarily from segments such as ENRX, NSSL Global, and Tekna. The company's gross profit margin has shown variability, reaching 65.83% in recent periods. Operating expenses are a significant component of the cost structure, with general and administrative expenses consistently being a large portion of these costs. PE: 20.4x Arendals Fossekompani stands out in the European investment landscape due to its recent insider confidence, highlighted by their Executive Vice President purchasing 9,000 shares for approximately NOK 1.48 million. This move reflects a significant 19% increase in their holdings, signaling potential optimism about future prospects. Despite relying entirely on external borrowing, the company reported impressive financial growth for the year ending December 2024, with net income soaring to NOK 2.6 billion from NOK 40 million previously. Additionally, they affirmed a cash dividend of NOK 1 per share in February 2025, underlining shareholder value focus amidst volatile funding dynamics. Click here and access our complete valuation analysis report to understand the dynamics of Arendals Fossekompani. Assess Arendals Fossekompani's past performance with our detailed historical performance reports. Take a closer look at our Undervalued European Small Caps With Insider Buying list of 65 companies by clicking here. Got skin in the game with these stocks? Elevate how you manage them by using Simply Wall St's portfolio, where intuitive tools await to help optimize your investment outcomes. Maximize your investment potential with Simply Wall St, the comprehensive app that offers global market insights for free. Explore high-performing small cap companies that haven't yet garnered significant analyst attention. Fuel your portfolio with companies showing strong growth potential, backed by optimistic outlooks both from analysts and management. Find companies with promising cash flow potential yet trading below their fair value. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include AIM:VLX BIT:ELN and OB:AFK. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@
The Independent
25-02-2025
- Automotive
- The Independent
TT Electronics shares plunge on warning over US hit
TT Electronics has seen its shares tumble after warning over a hit of up to £35 million in the US due to slumping demand and ongoing operational woes. The Woking-based manufacturer said it was preparing to book the write-down due to the 'previously disclosed downturn in components demand and operational execution challenges in North America'. It also revealed a £6 million adjustment to previous year results relating to its Cleveland site. Shares plunged as much as 16% at one stage in Tuesday morning trading before settling around 10% lower. TT Electronics said: 'We will provide further details on the outlook for 2025 at the time of our results announcement. 'We continue to expect good adjusted operating profit progress relative to 2024 but expect the outturn to be in the range of £40 million to £46 million.' TT Electronics warned in November that annual earnings for 2024 were expected at the lower end of its guidance for between £37 million to £42 million. TT Electronics engineers and manufactures products to support sectors from healthcare to aerospace, with customers including BAE Systems and Thales, and factories and offices in the UK, North America and Asia. The profit alert comes just a few months after an aborted takeover attempt for TT Electronics from Lord Nat Rothschild's Volex group. Volex, a company specialising in providing power products for equipment like hospital ventilators, electric cars and laptops, said in November last year it had submitted two takeover proposals. The last valued TT Electronics at £248.6 million, equivalent of 139.6p per share, but Volex scrapped takeover plans for its smaller rival after the approach was rejected for being too low. The tilt followed sharp falls in TT Electronics' share price, which last November hit its lowest level since around 2014. TT Electronics warned investors in September about production issues at its US factories which are set to drag on yearly sales and profits. It said a string of orders in its American components business had been pushed into 2025, rather than for 2024 delivery, which would hit earnings within its North American division. On Tuesday, it said the improvement plan for Cleveland was under way but that the benefits would take longer to bear fruit than first expected.
