Venture Life has reported results for the 6-months to June 2024. Revenues in the period were flat YoY, with growth from VLG Brands offset by lower Customer Brand revenues. VLG Brand growth was supported by marketing investment, driving growth, particularly in the UK. Customer Brand revenue growth was impacted by a strong comparator period in which customer stocking had taken place. Gross margin increased, though was held back by strong sales growth through Amazon, which generates lower percentag ....
