Victoria PLC
07 August 2006
Issued by Citigate Dewe Rogerson Limited, Birmingham
Date: Monday 7th August 2006
Immediate Release
VICTORIA PLC
('Victoria' or the 'Group')
Annual General Meeting Statement
At the Annual General Meeting held today (7th August 2006), Bob Gilbert,
Chairman told shareholders:
'Market conditions in both the UK and Ireland have remained difficult, and there
is still no evidence that consumer demand and retail footfall on the High Street
is improving.
'However, I am pleased to report that Victoria has started off the new financial
year positively.
'In the UK and Ireland, sales in the first quarter are up on the comparable
period last year and we met our budget targets. In Australia, however, the
reported intense price competition continues to affect margins although our
sales activity has held up well.
'As shareholders are aware, the first half of our financial year is generally
the quieter period for carpets sales. This being said, we remain satisfied that
the Group overall is well positioned for a satisfactory year as a whole.'
All Resolutions relating to both Ordinary business and Special business were
duly passed.
Enquiries:
Alan Bullock, Group Managing Director Fiona Tooley/Katie Dale
Victoria P.L.C. Citigate Dewe Rogerson
Telephone: +44 (0)1562 749640 Telephone: +44 (0)121 455 8370
Mobile: +44 (0)7785 325701 Mobile: +44 (0)7785 703523 (FMT) or
+44 (0)7770 788624 (KD)
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.