The Victorian Plumbing (LON: VIC) share price continues to decline as sales remain lower than the year before. An AGM statement revealed that like-for-like revenues are 3% lower, in the first four months of the current financial year.
On the plus side, the second half comparisons are less tough and there could even be some growth in revenues in that period. Some higher costs are being absorbed by the business and this has reduced margins. Management remains optimistic about the longer-term p...
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