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.
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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