Venture Life maintains operations in Italy amid lockdowns
Venture Life Group
38.37p
13:50 19/04/24
Self-care products manufacturer Venture Life said on Wednesday that its manufacturing facility in northern Italy had successfully maintained operations throughout the Covid-19 lockdowns, with only minimum disruptions to production and supply.
FTSE AIM All-Share
743.46
14:40 19/04/24
Health Care Equipment & Services
11,690.05
14:39 19/04/24
Venture Life stated its commercial team had been able to quickly respond to market demand for sanitising gel, as well as being able to secure new partnership agreements within a matter of weeks.
With a "robust" long-term order book, a "strong" balance sheet and new commercial opportunities, the AIM-listed group said it was looking forward to updating on its progress as the year continues.
"The board would like to thank shareholders for their co-operation and understanding during these challenging and extraordinary times," said chief executive Jerry Randall at the Venture Life's closed-door annual general meeting.
As of 0930 BST, Venture Life shares were up 5.91% at 70.96p.