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(Sharecast News) - Consumer self-care business Venture Life said annual revenues had surged in the year ended 31 December, partly driven by a double-digit increase in proforma sales.
Venture Life posted fullyear revenues of 35.1m, up 32% yearonyear, with proforma sales rising 11.1% on the back of 10.2% volume growth.
The AIM-listed company said its Power Brands delivered 33.1m in revenue, an increase of 14.9%, driven largely by a 20.7% jump in UK sales to 25.7m.
However, it also noted that International revenues fell 8.7% to 9.4m, which it attributed to order timing and distributorrelated issues.
Venture Life ended the year with net cash of 34.4m and said it continued to assess earningsaccretive M&A opportunities.
Chief executive Jerry Randall said: "We have entered 2026 with great momentum and with a reshaped focused business setup for our future aspirations as well as being very active in pursuing the right M&A opportunities to leverage our enhanced capabilities and resources. I am very excited about the opportunities in front of us and look forward to updating shareholders more in due course."
As of 0850 GMT, Venture Life shares were up 2.36% at 67.30p.
Reporting by Iain Gilbert at Sharecast.com
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