Shares of Victorian Plumbing Group Plc (VTC.L) are up 5 percent on Tuesday's trading after the company said in its trading update for the year ended September 30 that its group revenues for fiscal 2025 rose 5 percent to around 310 million pounds from last year's 295.7 million pounds. This is in line with the market expectations, it added.
On the LSE, the stock is rising 5 percent on Tuesday's trading at 81.40 pence.
The British bathroom retailer said that annual Adjusted EBITDA grew by around 17 percent to around 31.8 million pounds from 27.2 million pounds in fiscal 2024, which is in line with the upper end of market expectations. This increase was mainly due to revenue growth and improved marketing efficiency.
Adjusted profit before tax was also in line with the upper end of expectations at around 21.8 million pounds, compared to last year's 23.1 million pounds, the company added.
According to Victorian Plumbing Group, order volumes grew 6 percent to 1.08 million orders in fiscal 2025 from 1.02 million orders received a year ago. The average order value remained stable at 287 pounds, the company added.
The company said that among divisions, trade revenue rose 10 percent to around 74 million pounds during the year, compared to 67 million pounds in the previous year. This accounted for about 24 percent of total Group revenue, up from 23 percent. Tiles and décor revenue surged 40 percent to approximately 17 million pounds, up from 12 million pounds a year earlier, thus raising its contribution to Group revenue from 4 percent to about 5 percent. Victorian Plumbing Group said that its preliminary results for fiscal 2025 will be released on December 3.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.