By Andrew Schonberg
Date: Friday 27 May 2016
LONDON (ShareCast) - (ShareCast News) - Shares in Volvere were up more than 8% after the growth- and turnaround-investment company posted a full-year pre-tax profit from continuing operations of £1.34m, from £1.2m.
The company said it looked forward to continuing progress in 2016. Group net assets bounced up to £24.3m, from £19.0m.
Consolidated net assets per share came in at 569p, from 431p, boosted by the sale of its 76% stake in JMP Consultants for £6.48m, which was well in excess of book value.
Volvere said Shire Foods delivered a record performance with pre-tax profit before intra-group management and interest charges of £1.59m, on revenue of £15.5m.
It added that Impetus Automotive achieved revenue and pre-tax profit before intra-group management and interest charges of £12.1m and £0.58m respectively.
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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 | 0 |
Shares Issued | 2.25m |
Market Cap | £27.55m |
RiskGrade | 103 |
Value |
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Price Trend |
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Income |
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Growth |
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No dividends found |
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