Venture Life Group has delivered an outstanding year with revenues up c50% and adjusted EBITDA up over 100%. Revenue growth was delivered both organically and via M&A, and across both the Venture Life brands and the Customer brands divisions. Revenue growth was matched by margin expansion, with gross margin up over 300bps and adjusted EBITDA margin above 20% for the first time. The group closed 2020 with a strong balance sheet able to support M&A. We believe Venture Life is entering 2021 in an e ....
25 Mar 2021
Cenkos: Venture Life Group Plc -- Outstanding year
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Cenkos: Venture Life Group Plc -- Outstanding year
Venture Life Group Plc (VLG:LON) | 42.2 0.1 0.6% | Mkt Cap: 53.4m
- Published:
25 Mar 2021 -
Author:
Chris Donnellan -
Pages:
12
Venture Life Group has delivered an outstanding year with revenues up c50% and adjusted EBITDA up over 100%. Revenue growth was delivered both organically and via M&A, and across both the Venture Life brands and the Customer brands divisions. Revenue growth was matched by margin expansion, with gross margin up over 300bps and adjusted EBITDA margin above 20% for the first time. The group closed 2020 with a strong balance sheet able to support M&A. We believe Venture Life is entering 2021 in an e ....