Victoria gets £150m Koch investment after shareholder approval

17th Jan 2022 11:22

(Sharecast News) - Flooring designer, manufacturer and distributor Victoria announced on Monday that it has received the £150m investment from Koch Equity Development.

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Victoria agrees to buy Balta Group's rugs division for EUR 138m

29th Nov 2021 09:17

(Sharecast News) - Flooring company Victoria has agreed to acquire the "highly profitable and growing" rugs division of the Belgium-based Balta Group, it announced on Monday, along with its profitable UK polypropylene carpet and non-woven carpet businesses.

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'Unprecedented' revenue growth leads to record first-half for Victoria

23rd Nov 2021 13:33

(Sharecast News) - Flooring company Victoria reported "unprecedented" 30% growth in like-for-like organic revenue in its interim results on Tuesday, leading to all-time record operating results.

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Victoria in talks over possible acquisition of part of Belgium's Balta

22nd Nov 2021 11:55

(Sharecast News) - AIM-listed flooring manufacturer Victoria said on Monday that it is in talks about the possible acquisition of part of Belgian floor coverings producer Balta Group.

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Victoria acquires Turkish ceramic tiles manufacturer and distributor

10th Nov 2021 11:01

(Sharecast News) - Flooring group Victoria has acquired Turkish mid-market ceramic tiles manufacturer and distributor Graniser for a total consideration of €8.4m.

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Victoria to beat market forecasts on full-year profit

13th Oct 2021 12:43

(Sharecast News) - Flooring company Victoria said in a trading update on Wednesday that its underlying profit before tax would be ahead of consensus market expectations for the year ending 2 April.

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Victoria reports 'solid' trading despite ongoing Australia lockdowns

7th Sep 2021 12:19

(Sharecast News) - Flooring designer and manufacturer Victoria said in an update on Tuesday that its recent trading had been "solid", with consumers continuing to invest in their homes and commercial demand for flooring returning.

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Victoria swings back to net profit as it expands by acquisition

20th Jul 2021 09:11

(Sharecast News) - Flooring designer and manufacturer Victoria reported a 6.6% improvement in revenue in its preliminary results on Tuesday, to £662.3m.

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Victoria acquires US flooring firm Cali Bamboo

23rd Jun 2021 09:33

(Sharecast News) - Flooring group Victoria has further expanded its existing North American distribution business with the acquisition of US flooring distributor Cali Bamboo Holdings.

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Victoria reports 'very strong' trading as it mitigates cost rises

1st Jun 2021 09:24

(Sharecast News) - Flooring company Victoria updated the market on its trading on Tuesday, reporting that it continued to be "very strong" across all of its geographies and product groups, with double-digit percentage increases over 2019.

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Victoria acquires Dutch artificial grass and carpets distributor

4th May 2021 11:07

(Sharecast News) - Flooring business Victoria said on Tuesday that it acquired Netherlands-based artificial grass and carpets distributor Edel Group for a total cash consideration of €49.4m.

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Wednesday broker round-up

21st Apr 2021 12:35

(Sharecast News) - Avast: Canaccord initiates at buy with a target price of 550.0p.

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Victoria snaps up multiple Italian tile businesses

21st Apr 2021 09:49

(Sharecast News) - Flooring manufacturer Victoria said on Wednesday that it had purchased the assets and business of ceramic tile distributors, Ceramica Colli and Vallelunga, and the shares of ceramic tile manufacturer, Ceramiche Santa Maria.

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Berenberg hikes target price on Victoria following trading update

12th Apr 2021 12:34

(Sharecast News) - Analysts at Berenberg raised their target price on flooring manufacturer Victoria from 770.0p to 1,000.0p on Monday, stating the group was "trading well" and "ready" for mergers and acquisitions.

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Victoria achieves record FY results despite Covid-19 impacts

12th Apr 2021 09:16

(Sharecast News) - Flooring manufacturer Victoria said on Monday that it had achieved record results in the trading year ended 3 April despite ongoing Covid-19 related challenges in its markets.

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