Revenues up 17 per cent for Bracknell self-care brand Venture Life

Venture Life Group, a Berkshire-based manufacturer for the consumer self-care market, has seen revenues grow 16.9 per cent to £51.4 million for the year ended 31st December 2023.

This includes 40.7 per cent growth in online revenue to £4.3 million, while EBITDA is up 28.9 per cent at £11.6 million.

The group achieved 28 new listings across UK retail over the year, with at least five new key products in the pipeline ready to launch throughout 2024.

CEO Jerry Randall said: “I’m delighted to announce another successful year for Venture Life Group, marked by significant commercial achievements and strengthened financial positions.

“We’ve made notable inroads in new product development, resulting in increased revenue and showcasing our innovative in-house R&D capabilities.

“Furthermore, enhanced branding and marketing efforts have expanded the reach of our nine key brands to a broader global audience, further propelling our growth trajectory.

“With a strong commitment to improving EBITDA margins, successful new product launches, and digital transformation initiatives, we are well-positioned for sustained success in 2024 and beyond.”