VCP Victoria Plc

TIDMVCP

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 GBP700 million and GBP100 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)                      +44 (0) 203 207 7800 
 Ben Wright, Richard Bootle 
 Peel Hunt (Joint Broker)                      +44 (0) 207 418 8900 
 Adrian Trimmings, Andrew Clark 
 Buchanan Communications (Financial PR) 
 Charles Ryland, Chris Lane, Jack Devoy        +44 (0) 20 7466 5000 
 

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END

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October 17, 2022 02:00 ET (06:00 GMT)

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