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Pin to quick picksVictoria Share News (VCP)

Share Price Information for Victoria (VCP)

London Stock Exchange
Share Price is delayed by 15 minutes
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Share Price: 204.50
Bid: 200.50
Ask: 204.50
Change: 5.90 (2.97%)
Spread: 4.00 (1.995%)
Open: 193.00
High: 204.50
Low: 193.00
Prev. Close: 198.60
VCP Live PriceLast checked at -

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AIM WINNERS & LOSERS: Victoria rises as backs outlook

Tue, 01st Aug 2023 10:48

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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AIM - WINNERS

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Harland & Wolff Group Holdings PLC, up 8.5% at 14.68 pence, 12-month range 5.55p-29.00p. The infrastructure projects operator says it has been issued a notice to proceed with the mid-life upgrade and dry docking of a large vessel. Harland & Wolff says it was chosen by the client for "its ability to execute on a complex mid-life upgrade utilising the company's market-leading drydock in Belfast, the largest in the UK". The vessel is expected to be in the dry dock for a period of five months through early 2024 and the contract value is expected to be between GBP60 million to GBP70 million. As part of the project delivery, GBP5 million will be made available to the company immediately.

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Victoria PLC, up 8.2% at 710.00p, 12-month range 300.00p-726.06p. The flooring manufacturer confirms that trading in the first quarter of financial 2024, which runs to April 1, 2024, will be in line with its expectations and consistent with consensus expectations for financial 2024. It says demand remains generally stable across the company's markets and margins are improving in line with a fall in input costs. The company said it plans to release its full-year results for financial 2023 on August 15. It expects revenue and underlying earnings before interest, tax, depreciation and amortisation to be in line with market expectations.

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AIM - LOSERS

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Wishbone Gold PLC, down 18% at 2.43p, 12-month range 1.41p-18.50p. The Australia-focused mining company says it has raised GBP1.4 million through a fundraise of 59.1 million shares priced at 2.4p each. This represents an oversubscription of 42% against the initial target subscription of GBP1 million. The company says the net proceeds will provide additional working capital for the company but will primarily be used to fund the exploration programs on Red Setter and Cottesloe. Chair Richard Poulden says: "We are immensely grateful for the support of existing shareholders and new investors in the current challenging financial markets. We are looking forward to the next round of exploration based on the new analysis of Red Setter and Cottesloe."

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By Sophie Rose, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
28 Mar 2024 08:28

IN BRIEF: Victoria appoints Roberto Moreno as chief strategy officer

Victoria PLC - Kidderminster, England-headquartered designer, manufacturer and distributor of flooring - Last week Thursday, announces appointment of Roberto Moreno as chief strategy officer. Moreno has 16 years of experience in banking, investing, mergers & acquisitions and corporate value creation and has led Victoria's acquisition-based growth in North America, the company says. Chair Geoff Wilding says: "His leadership and expertise will play a crucial role in advancing our strategic initiatives and operational excellence projects - further solidifying our position as a leader in the global flooring industry."

Read more
21 Mar 2024 11:44

Victoria promotes Roberto Moreno to group strategy chief

(Sharecast News) - Flooring specialist Victoria announced the appointment of Roberto Moreno as its new group chief strategy officer and principal duty manager on Thursday.

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14 Mar 2024 12:50

Berenberg halves target price on Victoria

(Sharecast News) - Analysts at Berenberg slashed their target price on floorings manufacturer Victoria from 600.0p to 300.0p on Thursday but reiterated their 'buy' rating on the stock.

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14 Mar 2024 09:51

LONDON BROKER RATINGS: Kepler Cheuvreux likes Diageo; BofA lifts Man

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

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13 Mar 2024 13:53

Victoria says little interest from holders hits bond repurchase aim

(Alliance News) - Victoria PLC on Wednesday said it seeing signs of flooring demand perking up and explained that it plans to buyback GBP25 million in shares.

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13 Mar 2024 11:58

Victoria sees some positive signs in subdued market

(Sharecast News) - Flooring company Victoria said in a trading update on Wednesday that, despite ongoing challenges in the market, it was seeing signs of improvement in the medium-term macroeconomic outlook, particularly in flooring demand indicators.

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22 Nov 2023 11:41

Victoria reports weaker first half, as expected

(Sharecast News) - Flooring firm Victoria reported a first-half outcome on Wednesday that aligned closely with its expectations.

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22 Nov 2023 10:36

Victoria swings to first half loss but stresses margin improvement

(Alliance News) - Victoria PLC on Wednesday said it swung to a loss in the first half of its financial year, tracking falling revenue, although it stressed it is delivering against its strategy of margin enhancement.

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22 Nov 2023 09:48

LONDON BROKER RATINGS: RBC cuts HSBC; Liberum cuts Glencore

(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:

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6 Nov 2023 15:17

UK shareholder meetings calendar - next 7 days

Tuesday 7 November 
Time Finance PLCAGM
Murray Income Trust PLCAGM
Wednesday 8 November 
Incanthera PLCAGM
JPMorgan Emerging Markets Investment Trust PLCAGM
Thursday 9 November 
D4t4 Solutions PLCGM re name change to Celebrus Technologies PLC
Libertine Holdings PLCAGM
SIMEC Atlantis Energy LtdEGM re appointment of Nexia Singapore PAC as auditors
Friday 10 November 
DFS Furniture PLCAGM
Galliford Try Holdings PLCAGM
Minoan Group PLCAGM
Minoan Group PLCGM re issuing shares
Quartix Technologies PLCAGM
Redrow PLCAGM
Monday 13 November 
Ironveld PLCGM re fundraising
Victoria PLCGM re annual accounts and Grant Thornton UK LLP re-appointment as auditors
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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5 Oct 2023 12:13

Victoria credit ratings reaffirmed by Fitch

(Sharecast News) - Flooring firm Victoria announced on Thursday that Fitch had affirmed its credit rating on the company, verifying the long-term issuer default rating (IDR) at 'BB-' and maintaining a stable outlook.

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5 Oct 2023 10:03

IN BRIEF: Fitch affirms Victoria's credit rating and stable outlook

Victoria PLC - Kidderminster, England-headquartered designer, manufacturer and distributors of flooring - Notes that credit rating agency Fitch Ratings has affirmed its long-term issuer default rating at 'BB-' with a stable outlook. Also affirms its senior secured notes at 'BB+' with a recovery rating of 'RR2'.

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29 Sep 2023 12:21

Victoria says "no wrong-doing" as auditor comment overshadows results

(Alliance News) - Victoria PLC on Friday said there was "no wrong-doing whatsoever" at its Hanover Flooring unit after comments from its auditor marred the firm's annual results.

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29 Sep 2023 11:42

Victoria describes solid year, reassures over accounting concern

(Sharecast News) - Victoria described a year of success in a trading update on Friday, briefly overshadowed by accounting concerns at a small subsidiary.

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29 Sep 2023 08:44

LONDON MARKET OPEN: Stocks rise as UK recession looks "unlikely"

(Alliance News) - Stock prices in London opened higher on Friday as fresh data painted a slightly brighter picture for the UK economy.

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