Venture Life Group has announced its results for the 6 months to 30 June 2019, reporting double-digit revenue growth and strong cash generation. While the Brands business faced a tough trading environment in the UK, the company has made significant commercial progress which positions the business well for future growth. Revenues from customer brands grew 10% supported by both existing and new customers. Venture Life delivered strong operating cash flow of £1.3m and free cash flow of £0.85m. We m ....
19 Sep 2019
Cenkos: Venture Life Group Plc - Strong revenues and cash generation
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Cenkos: Venture Life Group Plc - Strong revenues and cash generation
Venture Life Group Plc (VLG:LON) | 37.8 -0.2 (-1.3%) | Mkt Cap: 47.8m
- Published:
19 Sep 2019 -
Author:
Chris Donnellan -
Pages:
6
Venture Life Group has announced its results for the 6 months to 30 June 2019, reporting double-digit revenue growth and strong cash generation. While the Brands business faced a tough trading environment in the UK, the company has made significant commercial progress which positions the business well for future growth. Revenues from customer brands grew 10% supported by both existing and new customers. Venture Life delivered strong operating cash flow of £1.3m and free cash flow of £0.85m. We m ....