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Venture Life expects annual adjusted earnings to more than double
StockMarketWire.com
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Self-care consumer goods group Venture Life said it expected its annual adjusted earnings to more than doubled amid a jump in sales.
Adjusted earnings before interest, tax, depreciation and amortisation for the year through December was seen increasing to at least £6 million, the company said in a trading update.
Revenue was expected to climb 49% to £30.1 million.
Venture life said there were no further shipments of product to its Chinese oral care partner in the second, but shipments were due to resume in first half of 2021.
Story provided by StockMarketWire.com
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