BRIEF-Volex downgrades forecasts

LONDON Fri Dec 14, 2012 2:11am EST

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LONDON Dec 14 (Reuters) - Volex PLC : * Anticipate full year revenues will now be in the range of $470-$485 million * Contrary to earlier expectations of growth in second half revenue * Widening the scope of the cost reduction * Daniel abrams will be joining the company, as group Finance director