15th May 2026 12:10
(Alliance News) - Volvere PLC on Friday announced a higher profit as it noted that overall trading at Shire Foods was "good" year-on-year.
The Leamington Spa, England-based investor in undervalued or distressed businesses said pretax profit rose 9.3% to GBP6.4 million in 2025 from GBP5.8 million in 2024.
Revenue grew 7.5% to GBP52.7 million from GBP49.0 million.
The company said that overall trading in Shire Foods was "good" year-on-year, but noted that through the year volumes with a large customer fell as product ranges were rationalised.
Further, Volvere expects Shire Foods' margin to be impacted in 2026 by higher input costs compared to 2025 along with the impact of lower volumes, especially in comparison to a strong first half in 2025.
The company added that it is continuing to seek investments in food and other sectors.
Volvere shares fell 4.2% to 2,530.00 pence each on Friday around noon in London.
By Tom Budszus, Alliance News slot editor
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