5th Oct 2023 12:10
Victorian Plumbing Group PLC - Lancashire, England-based bathroom retailer - Says adjusted earnings before interest, tax, depreciation and amortisation for the financial year that ended on September 30 is expected to be in line with market expectations. Profitability improves from financial 2022, Victorian Plumbing says, helped by a shift in product mix toward own-brand ranges, together with lower shipping costs and favourable currency movements. Adjusted Ebita was GBP19.5 million in financial 2022, down from GBP40.1 million in financial 2021. At the halfway stage of financial 2023, adjusted Ebitda was GBP9.9 million, up from GBP6.7 million a year before. Read More
