LONDON (Alliance News) - Victoria PLC on Tuesday said Spruce House Partnership LP now holds a 7.9% stake in the carpets distributor following a transaction on Friday last week.
Shares in Victoria closed 0.9% higher on Tuesday at 684.00 pence each.
Tue, 18th Sep 2018 18:25
LONDON (Alliance News) - Victoria PLC on Tuesday said Spruce House Partnership LP now holds a 7.9% stake in the carpets distributor following a transaction on Friday last week.
Shares in Victoria closed 0.9% higher on Tuesday at 684.00 pence each.
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(Sharecast News) - Flooring specialist Victoria announced the appointment of Roberto Moreno as its new group chief strategy officer and principal duty manager on Thursday.
Read more(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.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:
Read more(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.
Read more(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.
Read more(Sharecast News) - Flooring firm Victoria reported a first-half outcome on Wednesday that aligned closely with its expectations.
Read more(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.
Read more(Alliance News) - The following London-listed shares received analyst recommendations Wednesday morning and Tuesday:
Read moreTuesday 7 November | |
Time Finance PLC | AGM |
Murray Income Trust PLC | AGM |
Wednesday 8 November | |
Incanthera PLC | AGM |
JPMorgan Emerging Markets Investment Trust PLC | AGM |
Thursday 9 November | |
D4t4 Solutions PLC | GM re name change to Celebrus Technologies PLC |
Libertine Holdings PLC | AGM |
SIMEC Atlantis Energy Ltd | EGM re appointment of Nexia Singapore PAC as auditors |
Friday 10 November | |
DFS Furniture PLC | AGM |
Galliford Try Holdings PLC | AGM |
Minoan Group PLC | AGM |
Minoan Group PLC | GM re issuing shares |
Quartix Technologies PLC | AGM |
Redrow PLC | AGM |
Monday 13 November | |
Ironveld PLC | GM re fundraising |
Victoria PLC | GM re annual accounts and Grant Thornton UK LLP re-appointment as auditors |
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(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.
Read moreVictoria 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'.
Read more(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.
Read more(Sharecast News) - Victoria described a year of success in a trading update on Friday, briefly overshadowed by accounting concerns at a small subsidiary.
Read more(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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