VSA downgrades S-Ventures but expects strong revenue growth

Corporate adviser VSA Capital has downgraded its forecasts for Aquis-quoted healthy snacks manufacturer S-Ventures (LON: SVEN) due to a reduction in the expected rate of sales growth.

At the recent AGM, S-Venturessaid headwinds in the economy have held back sales of its healthy snacks. Even so, like-for-like sales are currently 10% ahead of last year. Cost savings of £300,000 a year are being achieved at the Pulsin plant-based products business, where revenues are growing strongly.

S-Vent...

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