17th Sep 2021 11:41
Volvere PLC - turnaround investment firm based in Leamington Spa, England - Reports revenue of GBP15.7 million in the six months ended June 30, up 21% from GBP13.0 million a year prior. Narrows pretax loss year-on-year to GBP286,000 from GBP974,000. Declares no interim dividend, in keeping with the previous year. Sees net assets fall to GBP13.50 per share at June 30, compared to GBP13.29 at the same point in 2020. Says this is due to trading losses at the company's frozen desserts manufacturer Indulgence Patisserie. "The group again delivered a good performance, with both Shire Foods and Indulgence Patisserie showing continued progress," says Chair David Buchler.
Current stock price: 1,294.44 pence, up 0.3% on Friday morning
Year-to-date change: down 7.2%
By Scarlett Butler; [email protected]
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