Victoria : 2022 Preliminary Results Presentation

1 9 J U L Y 2 0 2 2

"creating wealth for shareholders"

ANNUAL

RESULTS

INVESTOR

PRESENTATION

Preliminary Results for

Year Ended 2 April 2022

Disclaimer

• The information contained in this confidential document ("Presentation") has been prepared by Victoria PLC (the "Company"). It has not been verified by the Company and is subject to material updating, revision and further amendment. This Presentation has not been approved by an authorised person in accordance with Section 21 of the Financial Services and Markets Act 2000 and therefore it is being delivered for information purposes only to a very limited number of persons and companies who are persons who have professional experience in matters relating to investments and who fall within the category of person set out in Article 19 of the Financial Services and Markets Act 2000 (Financial Promotion) Order 2005 (the "Order") or are high net worth companies within the meaning set out in Article 49 of the Order or are otherwise permitted to receive it. Any other person who receives this Presentation should not rely or act upon it. By accepting this Presentation and not immediately returning it, the recipient represents and warrants that they are a person who falls within the above description of persons entitled to receive the Presentation. This Presentation is not to be disclosed to any other person or used for any other purpose.
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Table of contents

01 Executive Summary

02 FY 2022 Financial Report - Record revenues and earnings

02 Operational Overview - Driving revenues and margins

- Supply

03 Outlook - Inflation

• Demand
  04 Appendices

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FY2022 Executive Summary

FY2022 Results Highlights

9 years since the current board was appointed by shareholders

REVENUE		EBITDA1		EBIT1
£1,019.8m		£162.8m		£107.9m
FY21 £622.3m		FY21 £127.4m		FY21 £79.8m
+54%		+28%		+35%

LEVERAGE2

CASH FLOW PER SHARE3

ADJUSTED EPS4

2.66x

£0.96

£0.40

Net Debt/EBITDA

FY21 3.10x

FY21 £0.77

FY21 £0.29

+14%

+24%

+38%

Note

1. EBITDA and EBIT shown before exceptional and non-underlying items.
2. Applying our lending banks' measure of financial leverage (adjusted net debt / EBITDA), adjusting to take into account the full annual contribution from acquisitions and consistent translational FX.
3. Cash flow per share based on underlying operating cash flow before interest, tax and exceptional items, and current number of shares outstanding (non-diluted).
4. Adjusted EPS shown on a fully-diluted basis.

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