Victoria provides trading update for financial year ended March 2026

Victoria has reported significant operational progress during FY2026, despite continued challenging trading conditions. The business has focused on further integration, cost-saving measures and commissioning more efficient production capacity.

Although operational progress was positive, financially, Victoria has reported a statutory reported operating loss of £153.3m and statutory net loss after tax of £326.3m in the period, which were primarily driven by “exceptional costs”.

While market conditions weakened significantly during the second half of FY2026, the company said trading in the first quarter of FY2027 has been encouraging, with growth in both volumes and revenue.