Victoria H1 revenue and EBITDA in line with expectations

17th Oct 2022 08:08

(Sharecast News) - Flooring products manufacturer Victoria continued to trade well in the six months ended 1 October, with interim revenues and underlying earnings in excess of £700.0m and £100.0m, respectively.

Victoria said on Monday that in addition to its in line with consensus expectations first-half performance, it continued to make progress on the integration of acquisitions completed earlier in the year

The AIM-listed group also said it expects to deliver "meaningful positive cash flow" in the second half, along with operational synergy gains mitigating certain macroeconomic headwinds seen across the globe.

As of 0805 BST, Victoria shares were up 3.98% at 418.0p.

Reporting by Iain Gilbert at Sharecast.com