AGM Statement
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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."
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