Volution Group plc (FAN.L)

408.00 -6.00 (-1.45%) At close: 04:35PM BST

Volution Group plc

Fleming Way
Crawley RH10 9YX
United Kingdom
44 1293 441 662
https://www.volutiongroupplc.com

Sector(s): Industrials
Industry: Building Products & Equipment
Full-time employees: 1,909

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Ronnie George	CEO & Executive Director	972k	N/A	1969
Mr. Andrew O'Brien	CFO & Executive Director	660k	N/A	1974
Michelle Dettman	Group Head of HR	N/A	N/A	N/A
Mr. Andreas Lofstrand	Managing Director of Nordics	N/A	N/A	N/A
Ms. Fiona Smith	Company Secretary	N/A	N/A	N/A

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in GBp.

Description

Volution Group plc, together with its subsidiaries, manufactures and supplies ventilation products to residential and commercial constructions in the United Kingdom, Continental Europe, and Australasia. The company offers unitary extractor fans for use in bathrooms and kitchens; mechanical and decentralized mechanical ventilation with heat recovery; centralized mechanical extract ventilation; positive input ventilation; single room and incline fans; passive ventilation; thermal destratification; and ducting. It also provides air handling units, fan coils, and hybrid ventilation solutions; and manufacturers rigid, semi-rigid and flexible ducting products, and accessories. In addition, the company offers non-ventilation products including heating products, such as underfloor heating, heated towel rails, radiators, and storage and panel heaters; cooling products, which includes wall, box and tower fans, and portable air conditioners; hygiene products comprising hand dryers and insect killers; and lighting, door chimes, sensors, and controllers. Further, it provides blowers and motors direct and belt-drive fans, fan decks, double inlet centrifugal blowers, motorized impellers, and combustion blower; and air-to-air heat recovery devices. The company sells its products principally under the Vent-Axia, Manrose, Diffusion, Airtech, National Ventilation, Breathing Buildings, Torin-Sifan, Fresh, PAX, VoltAir, Kair, Air Connection, inVENTer, Ventilair, ClimaRad, ERI, Rtek, Simx, and Ventair brands. Volution Group plc was founded in 2002 and is based in Crawley, the United Kingdom.

Corporate governance

Volution Group plc’s ISS governance QualityScore as of 1 April 2024 is 3. The pillar scores are Audit: 7; Board: 5; Shareholder rights: 7; Compensation: 3.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.