Results round-up

Shares in Volvere were up more than 8% after the growth- and turnaround-investment company posted a full-year pre-tax profit from continuing operations of £1.34m, from £1.2m.

The company said it looked forward to continuing progress in 2016. Group net assets bounced up to £24.3m, from £19.0m.

Consolidated net assets per share came in at 569p, from 431p, boosted by the sale of its 76% stake in JMP Consultants for £6.48m, which was well in excess of book value.

Volvere said Shire Foods delivered a record performance with pre-tax profit before intra-group management and interest charges of £1.59m, on revenue of £15.5m.

It added that Impetus Automotive achieved revenue and pre-tax profit before intra-group management and interest charges of £12.1m and £0.58m respectively.

Nature Group says it still has work to do as it posted a wider full-year pre-tax loss of £2.41m, from a loss of £1.44m, even as revenue firmed to £16.27m, from £14.33m.

Chairman Berend van Straten said that 2015 was a year in which the group has started to transform, both organisationally and commercially.

"I have worked closely with the executive team to evaluate the opportunities of the Group, to outline our short and medium term strategy and to determine where to refocus our ongoing activities," he said in a statement.

“We are now well positioned to seize the opportunities to grow the business and develop our service offering in 2016 and beyond," he said, adding there was still work to be done.