Victoria (GB:VCP) has released an update.
Victoria PLC, an international flooring company, briefed shareholders on its cautious stance amid uncertain demand across its main markets, while expressing optimism for a future recovery driven by improving consumer confidence and economic conditions. Executive Chairman Geoff Wilding underscored the company’s Q1 performance as strong compared to competitors, despite the challenging environment. Victoria PLC anticipates a robust recovery as consumer spending power improves and the housing market becomes more active.
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