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The latest announcement is out from Volvere ( (GB:VLE) ).
Volvere plc reported a positive trading update for the financial year ending December 31, 2024, with increased profits driven by strong performance at Shire Foods and higher net finance income. Despite challenges such as rising labor and supply chain costs, the company expects to maintain a solid performance and is investing in additional capacity for future growth. Volvere is also exploring potential acquisition opportunities to enhance its portfolio.
More about Volvere
Volvere plc is a growth and turnaround investment company with its primary trading activity in food manufacturing. The company currently employs approximately 280 people and focuses on the production of frozen pastry products through its principal subsidiary, Shire Foods.
YTD Price Performance: 12.50%
Average Trading Volume: 1,901
Technical Sentiment Consensus Rating: Sell
Current Market Cap: £40.75M
Find detailed analytics on VLE stock on TipRanks’ Stock Analysis page.