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volution AGM Trading Update Released : 09 Dec 2021 07:00 RNS Number : 0119V Volution Group plc 09 December 2021 Embargoed to 07:00 Thursday 9th December 2021 Volution Group plc AGM Trading Update for 4 months to 30th November 2021 Strong start to the new financial year Volution Group plc ( " Volution " or " the Group " or " the Company " , LSE : FAN ) , a leading international designer and manufacturer of energy efficient indoor air quality solutions , today announces an update on trading covering the four months to 30th November 2021 . Trading update Group revenues for the four months to 30th November 2021 were £ 104.0 million , 14.6 % ahead of the equivalent period in the prior year ( 17.3 % at constant currency ( " cc " ) ) . The increase in revenue was delivered through a combination of recent acquisitions and organic growth of 7.1 % when compared to the first four months of the prior financial year , a period that also saw strong organic revenue growth of 6.8 % ( cc ) . Early action in all three geographic regions on implementing selling price rises has enabled us to control the impact of significant cost inflation across all our markets . Industry wide there has been an unprecedented period of supply chain disruption over the last twelve months . Our strategy of intentionally building , and now holding higher levels of inventory on key , long lead - time components , has enabled us to alleviate much of this disruption and we are delivering good levels of customer service in all three of our geographic regions . In the UK , organic growth for the first four months was 6.6 % ( cc ) . In Continental Europe revenue has grown by 35.0 % ( cc ) , of which 4.7 % ( cc ) was organic growth and in Australasia we have delivered our strongest organic growth to date of 14.4 % ( cc ) , benefiting from the roll out of the new retail account win in Australia that was disclosed in our financial results for the year ended 31 July 2021 . Summary The Board is pleased with the start to the new financial year and our ability to maintain operating margins in the face of considerable cost inflation . Whilst the Covid - 19 pandemic continues to impact our markets , Volution is well placed to capitalise on the growing awareness of how indoor air quality impacts on health , and the changes to regulations in each of our local markets resulting from the need to reduce carbon emissions . One such example is the recently published UK Government's Heat and Buildings Strategy which takes a holistic approach and recognises the importance of reducing the build - up of harmful levels of air pollution in homes and the need to improve ventilation hand in hand with energy efficiency .