RCS - Victoria PLC - Half Year Trading Update and Notice of Results

VictoriaAnnouncement

17/10/2022 07:00

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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                                                   +44 (0) 1562 749 610

 Geoff Wilding, Executive Chairman

 Philippe Hamers, Group Chief Executive

 Brian Morgan, Chief Financial Officer

 Singer Capital Markets (Nominated Adviser and Joint Broker)    +44 (0) 207 496 3095

 Rick Thompson, Phil Davies, Alex Bond

 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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