'1000 Companies to Inspire Britain' 2018 report

RNS Number : 6507O

Venture Life Group PLC

21 May 2018

 

Venture Life Group plc

("Venture Life" or the "Company")

London Stock Exchange's '1000 Companies to Inspire Britain' 2018

Venture Life (AIM: VLG), the international consumer self-care company focused on developing, manufacturing and commercialising products for the self-care market, announces that it has been recognised in the London Stock Exchange's '1000 Companies to Inspire Britain 2018' report for the third consecutive year.  The report, in its fifth year, seeks to identify the fastest-growing and most dynamic small and medium sized businesses in the UK.

To be included in the list, companies needed to record consistent revenue growth over a minimum of three years, significantly outperforming their industry peers.  More detail on the methodology can be found in the report online at http://www.lseg.com/resources/1000-companies-inspire.

Jerry Randall, Chief Executive Officer of Venture Life Group, said: "This the third year in a row that we have been featured in '1000 Companies to Inspire Britain' which is a great achievement.  We have had another year of good organic revenue growth across the business and delivered a profit before tax for the first time which is excellent news.  Our product lines continue to strengthen and gain momentum and we are pleased to see that our development and growth over the last year has been recognised by this report and is seen by others as something to celebrate."

Dr Phillip Lee MP for Bracknell, said: "I am delighted that Venture Life has been awarded this accolade for a third consecutive year.  It is well-deserved.  Through their partnerships they are represented across the globe and their strategy provides an excellent model for others as the country seeks to develop new international markets in the wake of our exit from the EU."

 For further information please contact:

Venture Life Group PLC		[phone]
Jerry Randall, Chief Executive Officer
Adrian Crockett, Chief Financial Officer
Northland Capital Partners Limited (Nominated Adviser and Joint Broker)		[phone]
Matthew Johnson / Edward Hutton (Corporate Finance)
John Howes / Vadim Alexandre (Corporate Broking)
Turner Pope Investments (TPI) Ltd (Joint Broker)		[phone]
James Pope / Ben Turner
Walbrook PR	[e-mail] or + 44 (0) 20 7933 8780
Anna Dunphy /Paul McManus	[phone] / [phone]

About Venture Life (www.venture-life.com) 

Venture Life is an international consumer self-care company focused on developing, manufacturing and commercialising products for the ageing population. The Group's product portfolio includes some key products such as the UltraDEX oral care products range, food supplements for lowering cholesterol and maintaining brain function, medical devices for women's intimate healthcare and haemorrhoids and dermo-cosmetics for addressing the signs of ageing.

The products, which are typically recommended by pharmacists or healthcare practitioners, are available primarily through pharmacies supplied by the Group's international distribution partners. 

Through its Development & Manufacturing business in Italy, Biokosmes, the Group also provides development and manufacturing services to companies in the medical devices and cosmetic sectors. 

 

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