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TRADING UPDATES: Flooring firm Victoria expects record annual results
Mon, 12th Apr 2021 19:34
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Victoria PLC - Worcestershire-headquartered flooring firm - Achieves record results for the year ended April 3, despite challenges of Covid-19. Expects revenue of GBP640 million, up 3.0% from GBP621.5 million a year prior and underlying earnings before interest, taxes, depreciation and amortisation of GBP120 million, up 1.6% from GBP118.1 million. This was a year in which we completed no major acquisitions and therefore the record trading results were driven by organic performance, say Victoria.
AustraliaUnited-statesUnited-kingdomArgentinaBrazilChinaIndonesiaMozambiqueTroulliLarnacaCyprusCanadaMon, 12th Apr 2021 19:34
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:
Victoria PLC - Worcestershire-headquartered flooring firm - Achieves record results for the year ended April 3, despite challenges of Covid-19. Expects revenue of GBP640 million, up 3.0% from GBP621.5 million a year prior and underlying earnings before interest, taxes, depreciation and amortisation of GBP120 million, up 1.6% from GBP118.1 million. This was a year in which we completed no major acquisitions and therefore the record trading results were driven by organic performance, say Victoria.
Elixirr International PLC - London-based consultancy - Posts pretax for 2020 of GBP5.8 million, rising from GBP1.7 million from a year prior. Revenue increases to GBP30.3 million from GBP13.1 million. Says the growth is thanks to the company s relentless focus on continuing to build long-term trusted relationships
AustraliaUnited-statesUnited-kingdomArgentinaBrazilChinaIndonesiaMozambiqueTroulliLarnacaCyprusCanadaGlobal semiconductor shortage spurs run on vintage chipmaking tools By Stephen Nellis and Hyunjoo Jin
FILE PHOTO: A 2021 Ford F-150 pickup truck at the Rouge Complex in Dearborn, Michigan
(Reuters) – Minnesota-based Polar Semiconductor makes chips for automakers and is booked beyond capacity. But expanding production lines to help solve a chip shortage that is shutting down car factories around the world is not feasible – in part due to the scarcity of older-style chipmaking machinery.
Chip factories like Polar use these tools to make chips on 200-millimeter silicon wafers, which were state-of-the-art two decades ago. Now, advanced chips are made using much larger wafers, but there is still a lot of demand for simpler, older chips.
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