Venture Life Group (VLG)

Sector:

Health Care

Index:

FTSE AIM All-Share

 43.00p
   
  • Change Today:
      0.000p
  • 52 Week High: 49.00
  • 52 Week Low: 28.00
  • Currency: UK Pounds
  • Shares Issued: 127.05m
  • Volume: 253,790
  • Market Cap: £54.63m

Venture Life sees at least 50% jump in FY revenues

By Frank Prenesti

Date: Monday 14 Nov 2016

LONDON (ShareCast) - (ShareCast News) - AIM-listed Venture Life said it expected to report full-year revenues of at least £14m as it order book strengthened in the second half.
The 50% jump in forecast revenue was also due to a stronger euro, the consumer self-care company said in a trading statement.

"The order book for 2017 is already building steadily and we are pleased to report that the order book for our development and manufacturing business for the month of January 2017 is already 45% higher than actual revenue recognised in January 2016, excluding intercompany sales," Venture said.

It said it had made good progress on the integration of Periproducts since the acquisition of the company and the UltraDEX brand in March 2016.

"Manufacturing processes for the UltraDEX toothpaste and oral rinse products have been fully established at the group's manufacturing facility in Italy and the first UltraDEX products manufactured in-house have been shipped to customers," Venture said.

"The UltraDEX advertising campaign which launched on 10 October 2016 ran as planned for two weeks and the product sampling activity at certain London railway stations was well-received by consumers."

An advertising campaign for UltraDEX resulted in an uplift in revenue compared to preceding months, in both September and October, Venture said.

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VLG Market Data

Currency UK Pounds
Share Price 43.00p
Change Today 0.000p
% Change 0.00 %
52 Week High 49.00
52 Week Low 28.00
Volume 253,790
Shares Issued 127.05m
Market Cap £54.63m

VLG Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
66.19% above the market average66.19% above the market average66.19% above the market average66.19% above the market average66.19% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Price Trend
82.03% above the market average82.03% above the market average82.03% above the market average82.03% above the market average82.03% above the market average
100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average100.00% above the sector average
Income Not Available
Growth
38.43% above the market average38.43% above the market average38.43% above the market average38.43% above the market average38.43% above the market average
50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average50.00% above the sector average

VLG Dividends

  Latest Previous
  Final Interim
Ex-Div 24-May-18 n/a
Paid 22-Jun-18 n/a
Amount 0.040p 0.000p

Trades for 31-Oct-2024

Time Volume / Share Price
16:42 46,729 @ 43.00p
16:42 3,271 @ 43.00p
16:35 68,000 @ 43.00p
16:35 68,000 @ 43.00p
16:29 10,000 @ 42.56p

VLG Key Personnel

CEO Jerry Randall
CFO Daniel Wells

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