Venture Life expects annual adjusted earnings to more than double

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Self-care consumer goods group Venture Life said it expected its annual adjusted earnings to more than doubled amid a jump in sales.

Adjusted earnings before interest, tax, depreciation and amortisation for the year through December was seen increasing to at least £6 million, the company said in a trading update.

Revenue was expected to climb 49% to £30.1 million.

Venture life said there were no further shipments of product to its Chinese oral care partner in the second, but shipments were due to resume in first half of 2021.