Victoria PLC
('Victoria' or the
'Company')
AGM
Statement
Victoria PLC (LSE: VCP), the
international designers, manufacturers and distributors of
innovative flooring, provides an update to
shareholders ahead of its Annual General
Meeting ('AGM') to be held today at its
offices Worcester Six Business Park, Worcestershire, WR4 0AN at 2
p.m. BST.
Executive Chairman Geoff Wilding
commented: "The Board believes that during Q1 the
Group continued to outperform many competitors but notes that
demand remains uncertain across most of the Group's main markets.
Consequently, as we noted in June alongside our FY 2024 results, we
remain cautious about near-term trading conditions, whilst
anticipating a robust recovery as wage growth catches up with
recent consumer inflationary pressures, consumer confidence
continues to improve, housing transactions increase, and interest
rates fall."
For more
information contact:
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Victoria
PLC
Geoff Wilding, Executive Chairman
Philippe Hamers, Group Chief
Executive
Brian Morgan, Chief Financial
Officer
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www.victoriaplc.com/investors-welcome
Via Walbrook PR
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Singer Capital
Markets (Nominated Adviser and Joint Broker)
Rick Thompson, Phil Davies, James
Fischer
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+44 (0)20 7496
3095
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Berenberg
(Joint Broker)
Ben Wright, Richard Bootle
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+44 (0)20 3207
7800
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Walbrook PR
(Media & Investor Relations)
Paul McManus, Louis Ashe-Jepson,
Alice Woodings
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+44 (0)20 7933 8780
or victoria@walbrookpr.com
+44 (0)7980 541 893 /
+44 (0)7747 515 393 /
+44
(0)7407 804 654
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About Victoria
PLC (www.victoriaplc.com)
Established in 1895 and listed since 1963 and
on AIM since 2013 (VCP.L), Victoria PLC, is an international
manufacturer and distributor of innovative flooring products. The
Company, which is headquartered in Worcester, UK, designs,
manufactures and distributes a range of carpet, flooring underlay,
ceramic tiles, LVT (luxury vinyl tile), artificial grass and
flooring accessories.
Victoria has operations in the UK, Spain,
Italy, Belgium, the Netherlands, Germany, Turkey, the
USA, and Australia and employs approximately 6,300 people
across more than 30 sites. Victoria is Europe's largest carpet
manufacturer and the second largest in Australia, as well as the
largest manufacturer of underlay in both regions.
The Company's strategy is designed to create
value for its shareholders and is focused on consistently
increasing earnings and cash flow per share via acquisitions and
sustainable organic growth.