IN BRIEF: Volvere swings to annual profit on solid Shire Foods trading

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Volvere PLC - turnaround investment firm based in Leamington Spa, England - Revenue rises 15% to £35.6 million in 2021 from £30.8 million in 2020. Swings to a pretax profit of £70,000 from £550,000 loss. Attributes this to a ‘solid performance’ from its Shire Foods business, which represents the majority of its revenue. Plans to focus on increasing profitability in Shire Foods and Indulgence business moving forward.

Current stock price: 1,016.00 pence

12-month change: down 27%

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