Half Year Trading Update and Notice of Results

RNS Number : 0054D

Victoria PLC

17 October 2022

 

For Immediate Release	17 October 2022

Victoria PLC

('Victoria,' the 'Company,' or the 'Group')

Trading in line with expectations

Half Year Trading Update and Notice of Results

Victoria PLC, (LSE: VCP) the international designers, manufacturers and distributors of innovative flooring, today provides the following trading update ahead of its half year results for the six months ended 1 October 2022.

Trading Update

The Group has continued to trade well in the period and accordingly the Board is pleased to advise that, for the half year revenues and EBITDA were in excess of £700 million and £100 million (respectively) - in line with consensus market expectations for FY 23.

Progress continues to be made on the integration of acquisitions completed earlier in the year and the Board consequently expects meaningful positive cash flow in H2 along with operational synergy gains mitigating some of the macroeconomic headwinds seen across the globe.

Interim Results Date

The Company will announce its interim results on Tuesday, 29 November 2022.

For more information contact:

Victoria PLC Geoff Wilding, Executive Chairman Philippe Hamers, Group Chief Executive Brian Morgan, Chief Financial Officer	[phone]
Singer Capital Markets (Nominated Adviser and Joint Broker) Rick Thompson, Phil Davies, Alex Bond	[phone]
Berenberg (Joint Broker) Ben Wright, Richard Bootle Peel Hunt (Joint Broker) Adrian Trimmings, Andrew Clark Buchanan Communications (Financial PR) Charles Ryland, Chris Lane, Jack Devoy	[phone] [phone] [phone]

 

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