By Digital Look
Date: Friday 26 May 2017
LONDON (ShareCast) - (ShareCast News) - Shares in Volvere forged almost 9% higher as investors liked a rise in its full-year profit and consolidated net assets per share.
The growth and turnaround investment company's trading businesses had contributed positively during the year, said chairman David Buchler.
As a result, Volvere had again hit record net asset assets per share of £6.17, up from £5.69.
"All businesses have continued to perform satisfactorily in 2017 to date," said the chairman.
Group net assets stood at £26.6m, up from £24.3m. Group pre-tax profit from continuing operations totalled £1.98m, up from £1.34m.
Revenue from continuing businesses was £33.0m, from £27.9m.
At 11:39 BST, shares in AIM-listed Volvere were up 8.92% to 732.5p each.
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Currency | UK Pounds |
Share Price | 1,215.00p |
Change Today | 40.00p |
% Change | 3.40 % |
52 Week High | 1,245.00 |
52 Week Low | 900.00 |
Volume | 1,000 |
Shares Issued | 2.35m |
Market Cap | £28.56m |
RiskGrade | 103 |
Value |
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Income | ![]() |
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Growth |
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No dividends found |
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