Victoria plc provided earnings guidance for the year ended March 31, 2018. For the year, the announced that, for the fifth consecutive year, the group's revenue and underlying profit before tax are expected to be ahead of consensus market expectations. The group's performance, driven by the strong operational management team, has continued to deliver like-for-like growth, gains in market share, plus operational synergies. This has included the previously announced rationalisation of the UK manufacturing facilities, which has positively impacted gross profit margin and reduced overheads since being implemented during the financial year. The trading performance of the two ceramics businesses acquired in late 2017 has also been encouraging and consistent with expectations.