Victoria Share News (VCP)
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Victoria PLC - Worcestershire, England-based flooring manufacturer - Buys Florida-based flooring distributor International Wholesale Tile LLC for USD28.5 million. Says the acquisition will be immediately earnings and cash flow accretive.
Read moreVictoria PLC - Worcestershire, England-based flooring manufacturer - Says it continues to trade well for the six months ended October 1. Says half-year revenue was in excess of GBP700 million, and earnings before interest, tax, depreciation and amortisation were in excess of GBP100 million, in line with consensus market expectations for financial 2023.
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(Sharecast News) - Flooring products manufacturer Victoria continued to trade well in the six months ended 1 October, with interim revenues and underlying earnings in excess of £700.0m and £100.0m, respectively.
Read more(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Monday.
Read moreVictoria PLC - Worcestershire, England-based flooring manufacturer - Says it is trading in line with expectations, with revenue, earnings and cash flow all in line with market forecasts. Says it continues to successfully navigate the "current challenging macroeconomic environment" with service improvement, input cost hedging and price increases "where necessary".
Read more(Alliance News) - Stocks were called higher on Friday morning, as the UK mourned the death of the Queen and after a major interest rate hike from the European Central Bank.
Read moreVictoria PLC - Worcestershire, England-based flooring manufacturer - Pretax loss widens to GBP12.4 million in the year which ended April 2, from GBP7.5 million the year before, as other operating expenses jump 67% to GBP270.8 million from GBP162.2 million. Revenue rises 54% to GBP1.02 billion from GBP662.3 million. Says it traded strongly in the year, due to an improved market position, improved productivity, weaker competition and a return in commercial demand. Does not declare dividend for financial 2022, unchanged from last year. Warns of inflationary pressures, a higher corporate tax in some jurisdictions, and declining consumer confidence. Remains confident it can create wealth for shareholders.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Tuesday morning and Monday:
Read more(Alliance News) - The following is a round-up of London-listed company director and manager changes announced on Wednesday and not separately reported by Alliance News:
Read more(Sharecast News) - Flooring company Victoria announced the upcoming departure of its chief financial officer Mike Scott on Wednesday, after more than six years in the post, with his position set to be filled by Synthomer director of group finance Brian Morgan.
Read more(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Tuesday and not separately reported by Alliance News:
Read more(Sharecast News) - Floor coverings retailer Victoria said on Tuesday that revenues and underlying profits for the financial year ended 2 April were both expected to be ahead of consensus market expectations.
Read moreVictoria PLC - Worcestershire, England-based flooring manufacturer - Completes the acquisition of the Rugs and UK Carpet divisions of Sint-Baafs-Vijve, Belgium-based flooring company Balta Group NV. Says the divisions generated total revenue of EUR307.0 million and normalised earnings before interest, tax, depreciation, and amortization of EUR35.5 million in the year to March 31, 2021. Says the acquisition will be immediately earnings-accretive.
Read more(Sharecast News) - Flooring manufacturer and distributor Victoria updated the market on its acquisition of B3 Ceramics Danismanlik on Thursday, which trades as Graniser.
Read moreIN BRIEF: Victoria completes GBP150 million Koch equity investment
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