UK's Volvere 2025 profit growth curbed by rising costs

Volvere

17/03/2026 07:08

Overview

UK frozen pastry maker's 2025 revenue rose 7% to £52.7 mln

Group profit before tax increased to £6.75 mln, up from £6.34 mln in 2024

Company cites higher raw material and distribution costs impacting second-half profitability

Outlook

Company says cost inflation and high oil prices are likely to impact supply chain in 2026

Volvere expects increase in distressed businesses if cost inflation persists and rates remain high

Result Drivers

COST INFLATION - Co said increasing raw material and distribution costs weighed on profitability, especially in the second half

ONE-OFF CREDIT - Results benefited from a £0.40 mln one-off credit relating to provisions no longer required

PRICE INCREASES AND INVESTMENT - Co said it is raising prices and investing in production to address cost pressures

Company press release: ID:nRSQ8614Wa

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
GBP 52.70 mln
FY Net Income
GBP 5.11 mln
FY Pretax Profit
GBP 6.75 mln


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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)