Venture Life (GB:VLG) has released an update.
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Venture Life Group PLC reports strong growth for its UK brand portfolio in the first half of 2024, with organic growth driven by strategic marketing investments and new product listings. The company’s overall revenues were stable at £23.5m, with higher margin VLG Brands outperforming and online sales surging by 50%. Venture Life also successfully reduced net debt and anticipates gross margin improvement, positioning itself for strategic mergers and acquisitions.
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