Victorian Plumbing Group PLC has reported a 5% revenue growth since the start of its financial year in October, driven by the opening of its new semi-automated distribution centre and an enhanced product offering. The bathroom retailer, based in Lancashire, England, completed the distribution centre in December 2024, which has contributed to improved growth, particularly in January.
Photo: Victorian Plumbing PLC.
Victorian Plumbing Group PLC anticipates continued growth into February, with its updated product range receiving positive feedback from customers. For the first 21 weeks of the financial year, Victorian Plumbing expects a revenue increase of up to 5% compared to the same period last year. The company also expects a 30% growth in its Tiles & Decor category.
Victorian Plumbing is set to release its half-year results on March 31, 2025. Shares in the company remained stable at 92.00 pence on Tuesday morning.
Source: www.morningstar.co.uk