Victoria widens loss as revenue slumps 14% in challenging year
(Alliance News) - Victoria PLC on Wednesday said management took action over the last year to prepare the business for a future recovery amid dampened consumer demand.
Read moreMon, 06th Aug 2018 13:01
(Alliance News) - Victoria PLC on Wednesday said management took action over the last year to prepare the business for a future recovery amid dampened consumer demand.
Read more(Sharecast News) - Flooring manufacturer and distributor Victoria said in its final results on Wednesday that despite macroeconomic challenges affecting consumer spending on flooring, it still outperformed the broader market in several key regions.
Read moreVictoria 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.
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