Victoria Plc lifts H1 pretax profit, poised for growth

Victoria Plc has lifted its H1 pretax profit to £8.4m, from £3.9m, and says it is poised for further growth.

The outfit booked revenue of £153.4m, from £105.6m.

"During the last six months we remained focused on executing our plan, with the acquisition of Ezi Floor extending the Group's underlay offering and earnings," said executive chair Geoff Wilding.

"The Board continues its effective cash management whilst at the same time being quick to identify and implement potential commercial and margin enhancing synergies across the Group as we gain market share both in the UK and Australia.

"With no shortage of acquisition opportunities in the UK and Europe, the Board is confident it can continue to grow Victoria and create more wealth for shareholders."

The company also assessed its performance as strong and continuing, and added that it was "well-positioned for further growth."