Victoria: business remains ‘resilient’
Flooring group Victoria says ‘trading has continued to be resilient’ since the end of July.
It says ‘demand has recovered in all its principal markets. This is reflected in the board's view that consumers are prioritising spending on improving and refreshing their homes following the lockdown.
‘The group continues to carefully manage expenses and cash flow to ensure it maintains its strong balance sheet given the current economic conditions.’
The group will provide a further update on trading for the 27 weeks ended 3 October on 30 November.