17 Oct 2022 07:00
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 | +44 (0) 1562 749 610 |
Singer Capital Markets (Nominated Adviser and Joint Broker) Rick Thompson, Phil Davies, Alex Bond
|
+44 (0) 207 496 3095 |
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 | +44 (0) 203 207 7800
+44 (0) 207 418 8900
+44 (0) 20 7466 5000 |
Victoria (VCP)