5th Apr 2022 14:19
Victoria PLC - Worcestershire, England-based flooring manufacturer - Completes the acquisition of the Rugs and UK Carpet divisions of Sint-Baafs-Vijve, Belgium-based flooring company Balta Group NV. Says the divisions generated total revenue of EUR307.0 million and normalised earnings before interest, tax, depreciation, and amortization of EUR35.5 million in the year to March 31, 2021. Says the acquisition will be immediately earnings-accretive.
Victoria first announced the EUR164 million, or GBP139 million, acquisition in November.
Current stock price: 880.00 pence
12-month change: up 0.5%
By Abby Amoakuh; [email protected]
Copyright 2022 Alliance News Limited. All Rights Reserved.
Related Shares:
Victoria