Venture Life has provided a Trading Update for the six months to June 2022, noting that trading is inline with management's expectations and remains on track to meet our FY22E forecasts. Revenues are expected to be £18.9m for H1/22E (+36%), supported by recent acquisitions and gross and adjusted EBITDA margins have increased. Net debt, including finance leases, was £7.2m, improved versus £7.5m at Dec-21A. The order book remains strong and ahead of the same period last year and supports the H2/22 ....
25 Jul 2022
Cenkos: Venture Life Group Plc -- Trading update
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Cenkos: Venture Life Group Plc -- Trading update
Venture Life Group Plc (VLG:LON) | 42.2 0.7 4.3% | Mkt Cap: 53.4m
- Published:
25 Jul 2022 -
Author:
Chris Donnellan -
Pages:
8
Venture Life has provided a Trading Update for the six months to June 2022, noting that trading is inline with management's expectations and remains on track to meet our FY22E forecasts. Revenues are expected to be £18.9m for H1/22E (+36%), supported by recent acquisitions and gross and adjusted EBITDA margins have increased. Net debt, including finance leases, was £7.2m, improved versus £7.5m at Dec-21A. The order book remains strong and ahead of the same period last year and supports the H2/22 ....