VICTORIA PLC (VCP) — Full year results for the year ended 30 March 2024

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WEBVTT NOTE Transcription provided by Deepgram Request Id: 01a0487b-5c76-7572-ab1a-8da87482c046 Created: 2026-08-28T13:07:48.984Z Duration: 1900.6409 Channels: 1 00:00:01.520 -- 00:00:04.080 Good afternoon, and welcome to the VICTORIA PLC 00:00:04.080 -- 00:00:07.200 results investor presentation. Throughout this quarter presentation, investors 00:00:07.200 -- 00:00:09.519 will be in listen only mode. Questions are 00:00:09.519 -- 00:00:10.960 encouraged and can be submitted at any time 00:00:10.960 -- 00:00:12.400 by the q and a tab situated in 00:00:12.400 -- 00:00:13.440 the right hand corner of your screen. Just 00:00:13.440 -- 00:00:15.440 simply type in your questions and press send. 00:00:15.965 -- 00:00:17.245 The company may not be in a position 00:00:17.245 -- 00:00:18.925 to answer every question received in the meeting 00:00:18.925 -- 00:00:20.925 itself. However, the company can review all the 00:00:20.925 -- 00:00:23.005 questions submitted today and publish responses where it 00:00:23.005 -- 00:00:25.244 is appropriate to do so. Before we begin, 00:00:25.244 -- 00:00:26.845 I'd like to submit the following poll. 00:00:27.165 -- 00:00:28.365 And I'd now like to hand you over 00:00:28.365 -- 00:00:30.605 to Jeff Wilding, executive chairman. Good afternoon to 00:00:30.605 -- 00:00:30.925 you, sir. 00:00:32.080 -- 00:00:33.920 Good afternoon. Thank you very much for joining 00:00:33.920 -- 00:00:34.640 the call. 00:00:35.120 -- 00:00:36.960 As you will have seen from our results, 00:00:37.680 -- 00:00:39.840 the market was a lot softer in the 00:00:39.840 -- 00:00:42.880 last twelve months than it has been previously. 00:00:43.200 -- 00:00:46.594 This is largely due to inflationary pressures impacting 00:00:46.594 -- 00:00:48.515 consumer discretionary spe...