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
Company
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
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
Shift away from carpets continues and post-completion over 65% of Victoria's earnings will be generated from outside the UK
The global financial body added that several countries, including the US and UK, had excessive current account deficits and borrowed too much
Archive
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
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 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 Plc, Homeserve PLC, Rotork PLC and Babcock International Group PLC are all in Tuesday's agenda
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
The price of a barrel of Brent crude fell 0.449% to US$44.52
Archive
Proactive looks back at some of the week's small cap movers
Investments and investor services
In London, the FTSE 100 ended the day around 40 points.
Builders and building materials
Victoria plc, which made the red carpet for Prince William and Kate’s wedding, is buying Interfloor.
Below are the main news driven share price movements at 4pm.
Investments and investor services
Shares rise modestly as blue-chips flood market with updates
Archive
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