Volvere's shares forge ahead on improved full-year profit, NAV per share

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.