StockMarketWire.com - Flooring retailer Victoria said its like-for-like revenue, margins and earnings were all tracking 'well ahead' in the current financial year.

Victoria said that exceptional costs had been 'minimal', following the completion of reorganisation projects to improve efficiencies.

It also said it was continuing to pursue acquisition opportunities following the issuance of bonds in July.

'There is no shortage of acquisition opportunities but, mindful of financial leverage levels, the board is proceeding cautiously,' Victoria said.

'In summary, the board is pleased with the group's progress to date and remains confident of meeting market expectations for the full year ending 31 March 2020.'



Story provided by StockMarketWire.com