Learn more

By Bethany Wales Turn-around investment firm and frozen pie maker Volvere has seen its profit more than double after its food manufacturing division saw the cost of raw materials stabilise, it said today. The London-listed company, which owns frozen pie producer Shire Foods, saw its revenue increase to £22.2m in the six months ending June 30, 2024 – a record high – up from £19m in the same period last year. Its pre-tax profit also increased, hitting £2.2m from £440,000 in the same period of 2023. Volvere said these results had been bolstered by the fact that the cost of its raw materials had r…

cuu