Victoria Plc (VCP.L), a manufacturer and distributor of flooring products, Friday said in its latest update that trading conditions are in line with those mentioned when the fiscal 2025 results were published in July. The company added that its Board remains confident in the medium-term recovery of both volume and pricing across its end-markets.
On the LSE, the company stock is up 4 percent on Friday's trading at 69.10 pence.
The company said that its Board has successfully completed the refinancing of its 2026 senior debt maturities last month on favourable terms.
In the near term, Victoria Plc added that its management is focused on executing the self-help initiatives announced at the recent full-year results, which are expected to bring 70 million pounds in annual EBITDA improvements compared to fiscal 2025, once fully implemented.
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