Australia's Vita Life Sciences hits 5-yr high on strong outlook

Vita Life Sciences

04/10/2021 02:23

** Shares of Australia's Vita Life Sciences  VLS.AX  climb
as much as 10.71% to A$1.55, hits highest since March 29, 2016 
    ** Vitamin and suppliments maker says pre-tax profit for
2021 expected to reach ~A$10 mln ($7.26 mln), a 20% rise y/y
 urn:newsml:reuters.com:*:nASXbcjBpH 
    ** Sales for the year forecast at between A$51 mln and A$53
mln
    ** Co attributes view on increased consumer interest and
purchases across most categories in its major markets,
Australia, Malaysia and Singapore
    ** VLS up 40% YTD, as of Friday's close

($1 = 1.3776 Australian dollars)

 (Reporting by Harshita Swaminathan in Bengaluru)
 ((Harshita.Swaminathan@thomsonreuters.com))