Company
Victoria PLC
LON:VCP
Victoria PLC is a successful and well-established international manufacturer, supplier and distributor of contemporary design-led carpets, carpet tiles and other floorcoverings, targetting the mid to high-end markets in which we operate.
39 stories
Builders and building materials
Victoria expands North American business with US$28.5mln buy of International Whole Tile
The deal will be immediately earnings enhancing and cash flow accretive
Builders and building materials
Victoria expands into rugs in €138mln deal with Belgium’s Balta
The supplier of carpets to the Queen said there are strong synergies with its hard floor business, as the first thing consumers do after installing a hard floor is to buy a rug to put on top of it
Builders and building materials
Victoria upgrades profit forecasts as demand for flooring won’t calm down
Trading this year has primarily come from existing homeowners redecorating, but the group reckons it will continue due to the high level of housing transactions seen in many of its markets
Victoria buys US flooring distributor Cali Bamboo for £55.1mln
The group is expanding its North American operations
Builders and building materials
Victoria eyes further acquisitions as demand stays strong
The recent deals are estimated to have a positive impact on earnings and free cash flow this financial year
Builders and building materials
Victoria blots ESG copybook with £43mln artificial grass acquisition
Fake grass has no climate benefits, is hugely polluting to produce and to dispose of once it runs its course
Builders and building materials
Victoria confident about trading as it plans to capitalise on struggling competitors
The firm said its liquidity position is strong and expects to continue to grow “at the expense of weaker competitors”
Builders and building materials
Victoria's shares floored by mounting debts and falling profits
The flooring firm remains pretty highly levered, with net debts up 6% at £364mln, over triple the group’s earnings before interest, tax, depreciation and amortisation (EBITDA)
Builders and building materials
Victoria plunges as 2019 profit forecasts fall below market consensus
The flooring specialist said its expected underlying pre-tax profits for the full year to be 35%-39% higher than the £40.8mln reported last year, although this was well below market predictions of £67mln
Archive
Troubled retail sector in focus as Quiz, Topps Tiles and Pets at Home report latest results
The day ahead includes full year results from Topps Tiles and Pets at Home along with interims from Quiz and Pennon
Builders and building materials
Victoria shares crash after margin weakness warning
The flooring specialist also announced plans to offer €450mln of senior secured notes due in 2023, to repay its existing senior bank facility
Builders and building materials
Victoria splashes out £86mln for Spanish tile maker Saloni
Shift away from carpets continues and post-completion over 65% of Victoria's earnings will be generated from outside the UK
FTSE 100 closes firmly higher with miners taking the top spots
The global financial body added that several countries, including the US and UK, had excessive current account deficits and borrowed too much
Archive
Investors looking for some thirst quenchers from Britvic, Fevertree, and Fuller's
Aside from the soft drinks firms and brewer, the day ahead on Tuesday includes updates from blue-chip real estate firm Hammerson and student acommodation group Unite
Builders and building materials
Victoria sees full-year profit ahead of expectations for a fifth consecutive year
The carpets group also said it has invested a significant amount of management focus during the past year identifying additional suitable acquisition opportunities, pointing out that shareholders should anticipate further acquisition-led gr
Builders and building materials
Victoria expects full-year profits to be "comfortably ahead" of forecasts helped by acquisition synergies
Victoria said it has benefited from “operational synergies following the integration of recent acquisitions in the UK and Australia, which have continued to positively impact gross profit margins and overheads throughout the current financi
Kingfisher trading will be in focus on Tuesday
Kingfisher Plc, Homeserve PLC, Rotork PLC and Babcock International Group PLC are all in Tuesday's agenda
Risers & fallers: Victoria, Management Resources Solutions, OptiBiotix Health, Orogen Gold, Clear Leisure, Man Group
Carpet seller Victoria's results caught the eye, with revenue and adjusted EBITDA double what they were in the previous year
Investments and investor services
FTSE 100 Index edges higher as pound falls
The price of a barrel of Brent crude fell 0.449% to US$44.52
Archive
Proactive's small cap round-up: African Potash, Mirada, Haydale Graphene, AFC Energy, Goals Soccer
Proactive looks back at some of the week's small cap movers
Investments and investor services
FTSE 100 ends week higher despite down day
In London, the FTSE 100 ended the day around 40 points.
Builders and building materials
Carpet firm Victoria plc sweeps up Interfloor for £65mln
Victoria plc, which made the red carpet for Prince William and Kate’s wedding, is buying Interfloor.
Risers & Fallers: Max Petroleum, Regus, Rio Tinto, AO World, Ophir Energy, Anglo American and more
Below are the main news driven share price movements at 4pm.
Investments and investor services
London market rides crest of corporate results wave
Shares rise modestly as blue-chips flood market with updates
Archive
Thursday's agenda - More big cap results, including Rolls and BT
More results today on offer with some more big caps showing how much they are contributing to the UK's current growth trajectory. Lets start with a British stalwart - engineer Rolls Royce which posts second quarter earnings. It's been a tor