Volvere (VLE)

Sector:

Financials

Index:

FTSE AIM All-Share

 1,225.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 1,275.00
  • 52 Week Low: 1,030.00
  • Currency: UK Pounds
  • Shares Issued: 2.25m
  • Volume: 650
  • Market Cap: £27.55m
  • RiskGrade: 103

Volvere back in the black after Shire Foods turnaround

By Natasha Roberts

Date: Thursday 29 May 2014

LONDON (ShareCast) - AIM-listed Volvere Group rocketed after getting back in the black for full-year group profit of £0.7m.

Profit from continuing operations for the year totalled £0.5m, compared to £0.5m in 2012 and group losses of £0.3m.

The company, which invests in distressed businesses, said it had been helped by the improved performance of the Shire Foods, the disposal of its stake in Interactive Prospect Targeting and the integration of JMP Consultants.

Shire Foods delivered profit after tax of £0.1m compared to a loss of £0.4m a year earlier.

"Each of these has contributed to both improvements in underlying trading and, coupled with our continuing share buy-back programme, has increased net assets per share to a new high of £4 [£3.75 in 2012]."

Group net assets at the year end totalled £17.6m, down from £19.5m at the end of 2012.

Revenue jumped from £6.46m to £16.14m year-on-year.

The share price rose 16.31% to 299.50p by 13:41.

NR

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Volvere Market Data

Currency UK Pounds
Share Price 1,225.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 1,275.00
52 Week Low 1,030.00
Volume 650
Shares Issued 2.25m
Market Cap £27.55m
RiskGrade 103

Volvere Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
16.93% below the market average16.93% below the market average16.93% below the market average16.93% below the market average16.93% below the market average
58.1% below the sector average58.1% below the sector average58.1% below the sector average58.1% below the sector average58.1% below the sector average
Price Trend
54.51% above the market average54.51% above the market average54.51% above the market average54.51% above the market average54.51% above the market average
34.48% above the sector average34.48% above the sector average34.48% above the sector average34.48% above the sector average34.48% above the sector average
Income Not Available
Growth
77.75% above the market average77.75% above the market average77.75% above the market average77.75% above the market average77.75% above the market average
85.19% above the sector average85.19% above the sector average85.19% above the sector average85.19% above the sector average85.19% above the sector average

Volvere Dividends

No dividends found

Trades for 28-Mar-2024

Time Volume / Share Price
16:16 250 @ 1,231.00p
16:07 200 @ 1,231.00p
15:58 200 @ 1,231.00p

Volvere Key Personnel

CEO Jonathan Lander

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