There has been a particular decline in sales of wool and wool-rich carpets, which has necessitated short-time working at both of the Group's woollen spinning mills in Australia. The company is taking steps to mitigate this reduction in the sale of wool carpet ranges and continues to actively promote wool carpets with the aim of underpinning production at the Australian spinning mills. The sales of the new synthetic pile carpet ranges, marketed under the Stainmaster Eversoft brand of solution dyed nylon, are progressing well despite the prevailing poor market conditions and is helping the business capture market share.
Victoria PLC reports the following update on trading for the six months to 29 September 2012 ahead of its Half-yearly results to be announced in #
OUTLOOK
The final quarter of the calendar year is typically the strongest selling season in both of the Group's core markets. However, the lack of sales visibility in volatile market conditions means that it is too early to forecast with any degree of certainty whether the current poor conditions in the UK and especially in Australia are going to continue. The Company should be better placed to advise shareholders more accurately on this at the time of the Half-yearly announcement.
Victoria PLC reports the following update on trading for the six months to 29 September 2012 ahead of its Half-yearly results to be announced in #
Victoria PLC
20240830145952.gif)
20240925092649.png)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
