Business
Preliminary Results
Preliminary Results.
About this update from Victoria Plc
[{"type":"text","content":"\n \n \n \n \n \n \n For Immediate Release\n \n \n \n \n 19 July 2022\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Victoria PLC\n \n \n \n ('Victoria', the 'Company', or the 'Group')\n \n \n \n \n \n \n Preliminary Results\n \n \n \n \n for the year ended 2 April 2022\n \n \n \n \n and\n \n \n \n \n Q1 FY2023 Trading Update\n \n \n \n \n \n \n \n \n \n Record FY2022 Revenues and Operating Profits\n \n \n \n \n \n \n \n \n Victoria PLC (LSE: VCP) the international designers, manufacturers and distributors of innovative floorcoverings, is pleased to announce its preliminary results for the year ended 2 April 2022.\n \n \n \n \n \n \n \n \n FY2022 Financial and Operational highlights\n \n \n \n \n \n \n \n \n \n \n \n \n \n Continuing operations\n \n \n \n \n \n \n Year ended\n \n \n \n \n 2 April 2022\n \n \n \n \n \n Year ended\n \n \n 3 April 2021\n \n \n \n \n Change on prior year\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Revenue\n \n \n \n \n £1,019.8m\n \n \n \n \n £662.3m\n \n \n \n \n +54.0%\n \n \n \n \n \n \n Underlying EBITDA1\n \n \n \n \n £162.8m\n \n \n \n \n £127.4m\n \n \n \n \n +27.8%\n \n \n \n \n \n \n Underlying operating profit1\n \n \n \n \n £107.9m\n \n \n \n \n £79.8m\n \n \n \n \n +35.2%\n \n \n \n \n \n \n Operating profit\n \n \n \n \n £53.6m\n \n \n \n \n £45.9m\n \n \n \n \n +16.8%\n \n \n \n \n \n \n Underlying profit before tax1\n \n \n \n \n £73.8m\n \n \n \n \n £50.1m\n \n \n \n \n +47.3%\n \n \n \n \n \n \n Net profit / (loss) after tax\n \n \n \n \n (£12.4m)\n \n \n \n \n £2.8m\n \n \n \n \n -\n \n \n \n \n \n \n Underlying free cash flow2\n \n \n \n \n £34.2m\n \n \n \n \n £38.8m\n \n \n \n \n -\n \n \n \n \n \n \n Net debt3\n \n \n \n \n £406.6m\n \n \n \n \n £345.7m\n \n \n \n \n -\n \n \n \n \n \n \n Net debt / EBITDA4\n \n \n \n \n 2.66x\n \n \n \n \n 3.10x\n \n \n \n \n -\n \n \n \n \n \n \n Earnings / (loss) per share:\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n - Basic\n \n \n \n \n (10.61p)\n \n \n \n \n 2.30p\n \n \n \n \n -\n \n \n \n \n \n \n - Diluted adjusted1\n \n \n \n \n 40.21p\n \n \n \n \n 28.66p\n \n \n \n \n +40.3%\n \n \n \n \n \n \n \n \n \n \n \n \n ·\n FY2022 was the ninth consecutive record year for ...