Sign In
Last checked at 
12 Nov 2012 07:00
ļ»æ
Ā
12 November 2012
Ā
Victoria PLC
Ā
('Victoria,' the 'Company,' or the 'Group')
Ā
Trading UpdateĀ
Ā
FollowingĀ their appointment atĀ the General Meeting on 3rd October, the new Board of Directors has undertaken aĀ detailedĀ review of the current trading and short term prospects of Victoria PLC. This review is continuing. However, it is already apparent that the Company is likely to break even at best for the full yearĀ ending 4 April 2013, at a pre-tax level before exceptional costs. Current trading, in both Australia and the UK remains weak and significantly behind budget.
Ā
The Directors wish to assure shareholders that they are doing everything they can toĀ remedyĀ the situation and a further update will be provided to the market in the Company's half year statement at the end of this month.
Ā
- Ends -
Ā
Ā
For more information contact:
Ā
Victoria PLC Geoff Wilding | +44 (0) 1562 749 300 |
Ā Seymour Pierce Jonathan Wright (Corporate finance) Tom Sheldon (Corporate finance) Richard Redmayne (Corporate broking) Jacqui Briscoe (Corporate broking) Ā | Ā +44 (0) 20 7107 8000 Ā Ā |
Ā MHP Nick Denton Vicky Watkins | Ā +44 (0) 20 3128 8100 Ā |
Ā
Follow the stocks
