Victorian Plumbing Group (VPG) which raised £298m after floating on AIM earlier this year has issued its trading update for the year to September 30. It stated that the financial year saw revenue grow by 29 per cent, with customer demand rising in September. Gross margins had remained strong throughout the year and adjusted EBITDA for 2021 will be ahead of market expectations.
VPG will issue its maiden preliminary results on December 9.
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