Business
Preliminary Results
Preliminary Results.
About this update from Volvere Plc
[{"type":"text","content":"\n \nRNS Number : 4754Z Volvere PLC 27 May 2016 \n\n\n\n\n\nPress Release\n\n\n27 May 2016\n\n\n\n\n \n \n \nVolvere plc\n \n(\"Volvere\" or the \"Group\")\n \nPreliminary results for the year ended 31 December 2015\n \nVolvere plc (AIM: VLE), the growth and turnaround investment company, announces its preliminary results for the year ended 31 December 2015.\n \nHighlights\n \n\n\n\n\n \n \n£ million except where stated\n\n\n \nAs at 31\nDecember 2015\n\n\n \nAs at 31\nDecember 2014\n\n\nAs at\n30 June 2015\n(unaudited)\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nConsolidated net assets per share\n(excluding non-controlling interests)(1)\n\n\n \n£5.69\n\n\n \n£4.31\n\n\n \n£4.32\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nGroup net assets\n\n\n24.3\n\n\n19.0\n\n\n18.9\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nCash and marketable securities\n\n\n16.3\n\n\n13.1\n\n\n11.7\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\nYear ended\n\n\nSix months ended\n\n\n\n\n\n\n\n31 December\n2015\n\n\n31 December\n2014\n(re-presented) (2)\n\n\n30 June\n2015\n(re-presented) (2)\n\n\n\n\n \nGroup revenue from continuing businesses\n\n\n \n27.9\n\n\n \n12.4\n\n\n \n10.5\n\n\n\n\n \nGroup profit before tax from continuing operations\n\n\n \n1.34\n\n\n \n1.20\n\n\n \n0.46\n\n\n\n\n \nGroup profit before tax from continuing operations before one-off exceptional credit(3)\n\n\n \n \n1.34\n\n\n \n \n0.35\n\n\n \n \n0.46\n\n\n\n\n \nNote\n1 Based on the net assets attributable to owners of the parent company and the respective period end shares in issue of 4,085,958, 4,145,958 and 4,085,958.\n \n2 The results for the year ended 31 December 2014 and the six months ended 30 June 2015 have been re-presented to reflect the results of discontinued operations.\n \n3 In 2014 there was a one-off exceptional credit in Shire Foods amounting to £0.85 million.\n \n \n· Shire Foods delivered record performance with profit before tax and intra-group management and interest charges of £1.59 million on revenue of £15.48 millio...