Despite the adverse effects of Covid lockdowns significantly impacting Q1 FY2021, Victoria has delivered record FY2021 revenues and adjusted EBITDA, respectively c.3% and c.6% ahead of expectations set by its June trading update. The outlook for revenue and margins in FY2022E is encouraging with the Group continuing to experience strong on-going demand in its key markets, having captured structural margin uplift from targeted productivity and operational initiatives. Whilst traditional lead indi ....
20 Jul 2021
Record year despite Covid impacts
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Record year despite Covid impacts
Victoria PLC (VCP:LON) | 243 8.5 1.5% | Mkt Cap: 276.4m
- Published:
20 Jul 2021 -
Author:
N+1 Singer Team | Richard Hickinbotham -
Pages:
7
Despite the adverse effects of Covid lockdowns significantly impacting Q1 FY2021, Victoria has delivered record FY2021 revenues and adjusted EBITDA, respectively c.3% and c.6% ahead of expectations set by its June trading update. The outlook for revenue and margins in FY2022E is encouraging with the Group continuing to experience strong on-going demand in its key markets, having captured structural margin uplift from targeted productivity and operational initiatives. Whilst traditional lead indi ....