Board Change • May 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Senior Independent Non-Executive Director Steve Callaghan was the last independent director to join the board, commencing their role in 2026. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Jan 08
Victoria plc Announces Board Changes Victoria PLC announced the appointment of Steve Callaghan to the Board as a Non-Executive Director (NED) and the Senior Independent Director (SID), of Victoria PLC, together with the resignation of Andrew Harrison, who has been a director since 2012. Steve Callaghan is a highly effective business leader with a 25-year career as a growth-oriented and turnaround CEO. He has consistently demonstrated growth and transformation success in role as Chairman, as SID/NED, in addition to operational roles as CEO. He is currently Non-Executive Chairman of private equity owned Marston Holdings Limited having been first appointed in 2021 following some Covid-related challenges. Steve led a series of improvement initiatives on both cost and revenue, and Marston maintained the confidence of the company's lenders throughout. Following nine months as Executive Chairman, a new CEO/CFO combination was established with a new leadership team, some promoted from within to continue the recovery. In the public domain he has previously served as CEO of Ceres Power Holdings Plc, CPP Plc and Card Clear Plc. At Ceres he was initially appointed as turnaround CEO, followed by undertaking the role of SID, with the market capitalization growing from £3 million to over £2 billion in less than four years. Steve Callaghan holds a BSc (Eng) Hons in Electronic and Electrical Engineering from Cranfield University and is a graduate of the Royal Military Academy, Sandhurst. He is an FCA approved person. Anuncio • Dec 01
Victoria PLC to Report First Half, 2026 Results on Dec 17, 2025 Victoria PLC announced that they will report first half, 2026 results on Dec 17, 2025 Anuncio • Nov 08
Victoria PLC Provides Financial Guidance for the Second Half and Full Year of 2026 The Board of Victoria PLC continues to expect an improving trend in year-on-year revenue performance in second half, although the Board remains mindful of external risks, including softening US consumer confidence, political developments in France, ongoing weakness in the USD and AUD, and uncertainty surrounding the forthcoming UK budget.
As a result, revenue for fiscal year 2026 is expected to be slightly below fiscal year 2025. Anuncio • Aug 05
Victoria PLC, Annual General Meeting, Sep 05, 2025 Victoria PLC, Annual General Meeting, Sep 05, 2025. Location: the companys registered office, the offices of brown rudnick llp, 8 clifford street, w1s 2lq, london United Kingdom Anuncio • Jul 25
Victoria PLC Announces Brian Morgan Leaves the Board Victoria PLC advised that, in accordance with the plan formally announced on 17 March, Brian Morgan has now left the board of Victoria Plc. Alec Pratt, who joined Victoria in April to replace Brian, is now Victoria's Chief Financial Officer. Anuncio • May 07
Victoria plc Confirms Earnings Guidance for 2025 Victoria PLC confirmed earnings guidance for 2025. The Board confirms that FY2025 revenue will be at least £1.11 billion, and that post-IFRS 16 EBITDA margins will be broadly in line with market expectations. Anuncio • Mar 17
Victoria Announces CFO Transition Victoria PLC announces the planned appointment of Alec Pratt to the Group board as Chief Financial Officer Designate, who will replace Brian Morgan after three years' service as Victoria's Chief Financial Officer in June. Alec will join VCP as an executive director with Brian remaining in his role as CFO until late-June to ensure a smooth transition. Thereafter Brian has agreed to continue to be available as needed to assist Victoria for up to three months. Alec joins from Deutsche Bank where he was most recently Co-head of EMEA Financial Sponsor M&A. He is an experienced senior finance leader having spent 16 years in investment banking. Throughout this time, he has advised many listed and private companies on significant M&A transactions, executed equity and debt raises of various types, and built teams and businesses within banks. Previously he spent four years at Numis growing their UK public M&A business, and 11 years at J.P. Morgan where he was an Industrials coverage banker focusing on the built environment. Over his career he has advised numerous UK listed building materials manufacturers and distributors at every stage of the business cycle. Anuncio • Nov 20
Hasan Akgün acquired Graniser Granit Seramik San. ve Tic. A.S. from Victoria PLC (AIM:VCP) for TRY 1.34 billion. Hasan Akgün acquired B3 Ceramics Danismanlik from Victoria PLC (AIM:VCP) for TRY 1.34 billion on November 19, 2024. A cash consideration of TRY 364.61 million will be paid and assumption debt of TRY 977.1 million.
For the period ending March 30, 2024, B3 Ceramics Danismanlik reported total revenue of TRY 994.8 million and EBITDA of TRY 13.4 million. As of March 30, 2024, B3 Ceramics Danismanlik reported total common equity of TRY 632.4 million.
Singer Capital Markets Limited acted as financial advisor for Victoria PLC.
Hasan Akgün completed the acquisition of B3 Ceramics Danismanlik from Victoria PLC (AIM:VCP) on November 19, 2024. Anuncio • Nov 15
Victoria PLC to Report First Half, 2025 Results on Nov 26, 2024 Victoria PLC announced that they will report first half, 2025 results on Nov 26, 2024 New Risk • Nov 14
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: €86.4m (US$91.3m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Negative equity (-UK£22m). Minor Risks Share price has been volatile over the past 3 months (7.5% average weekly change). Market cap is less than US$100m (€86.4m market cap, or US$91.3m). Buy Or Sell Opportunity • Jul 08
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 41% to €1.75. The fair value is estimated to be €2.21, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 21% over the last 3 years. Meanwhile, the company became loss making. Anuncio • Jul 04
Victoria PLC, Annual General Meeting, Jul 25, 2024 Victoria PLC, Annual General Meeting, Jul 25, 2024. Location: the companys registered office, worcester six business park, worcester, wr4 0ae, United Kingdom Anuncio • Jun 20
Victoria PLC to Report Fiscal Year 2024 Results on Jun 19, 2024 Victoria PLC announced that they will report fiscal year 2024 results on Jun 19, 2024 Breakeven Date Change • Jun 20
Forecast breakeven date pushed back to 2025 The 2 analysts covering Victoria previously expected the company to break even in 2024. New consensus forecast suggests the company will make a profit of UK£27.8m in 2025. Earnings growth of 86% is required to achieve expected profit on schedule. New Risk • May 28
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Buy Or Sell Opportunity • Mar 12
Now 24% undervalued after recent price drop Over the last 90 days, the stock has fallen 16% to €2.58. The fair value is estimated to be €3.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Feb 24
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 17% to €2.70. The fair value is estimated to be €3.38, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company became loss making. Buy Or Sell Opportunity • Jan 26
Now 23% overvalued Over the last 90 days, the stock has fallen 20% to €3.04. The fair value is estimated to be €2.47, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company became loss making. Buying Opportunity • Jan 10
Now 24% undervalued after recent price drop Over the last 90 days, the stock is down 43%. The fair value is estimated to be €3.67, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 30% over the last 3 years. Meanwhile, the company became loss making. Reported Earnings • Nov 24
First half 2024 earnings released: UK£0.20 loss per share (vs UK£0.41 profit in 1H 2023) First half 2024 results: UK£0.20 loss per share (down from UK£0.41 profit in 1H 2023). Revenue: UK£648.5m (down 16% from 1H 2023). Net loss: UK£22.5m (down 147% from profit in 1H 2023). Revenue is forecast to grow 1.2% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Consumer Durables industry in Germany. Anuncio • Nov 22
Victoria PLC Announces Resignation of Zachary Sternberg as Non-Executive Director Victoria PLC announced that Zachary Sternberg is leaving the company's board on 22 November 2023, after five years as a non-executive director in order to rebalance his time commitments. New Risk • Nov 19
New major risk - Revenue and earnings growth Earnings have declined by 14% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 14% per year over the past 5 years. New Risk • Oct 05
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of German stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. This is currently the only risk that has been identified for the company. Reported Earnings • Sep 15
Full year 2023 earnings released: UK£0.79 loss per share (vs UK£0.11 loss in FY 2022) Full year 2023 results: UK£0.79 loss per share (further deteriorated from UK£0.11 loss in FY 2022). Revenue: UK£1.48b (up 45% from FY 2022). Net loss: UK£91.8m (loss widened UK£79.4m from FY 2022). Revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 6.6% growth forecast for the Consumer Durables industry in Germany. Anuncio • Sep 06
Victoria PLC, Annual General Meeting, Sep 29, 2023 Victoria PLC, Annual General Meeting, Sep 29, 2023, at 13:30 Coordinated Universal Time. Location: 60 Threadneedle Street, London, England United Kingdom Agenda: To consider Re-election of Director; to consider Re-election of Director; to consider Granting the Directors authority to allot shares; to consider Disapplication of pre-emption rights; to consider Granting the Company the authority to purchase its own shares; and to consider other matters. Board Change • Aug 28
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Senior Independent Non-Executive Director Andrew Harrison was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Anuncio • Aug 01
Victoria PLC to Report Fiscal Year 2023 Results on Aug 15, 2023 Victoria PLC announced that they will report fiscal year 2023 results on Aug 15, 2023 New Risk • Jun 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended October 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Latest financial reports are more than 6 months old (reported October 2022 fiscal period end). Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. New Risk • Jun 23
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of German stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.1x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Valuation Update With 7 Day Price Move • Jun 02
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to €6.40, the stock trades at a forward P/E ratio of 32x. Average forward P/E is 9x in the Consumer Durables industry in Germany. Total returns to shareholders of 1.6% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €2.67 per share. Valuation Update With 7 Day Price Move • May 04
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to €6.40, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 11x in the Consumer Durables industry in Germany. Total loss to shareholders of 19% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €2.91 per share. Board Change • Feb 15
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Senior Independent Non-Executive Director Andrew Harrison was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to €5.90, the stock trades at a forward P/E ratio of 10x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Total loss to shareholders of 45% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €4.87 per share. Board Change • Jan 18
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Senior Independent Non-Executive Director Andrew Harrison was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Jan 09
Investor sentiment improved over the past week After last week's 20% share price gain to €6.30, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 12x in the Consumer Durables industry in Germany. Total loss to shareholders of 54% over the past year. Simply Wall St's valuation model estimates the intrinsic value at €4.80 per share. Board Change • Dec 14
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Senior Independent Non-Executive Director Andrew Harrison was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 30
First half 2023 earnings released: EPS: UK£0.41 (vs UK£0.027 loss in 1H 2022) First half 2023 results: EPS: UK£0.41 (up from UK£0.027 loss in 1H 2022). Revenue: UK£776.1m (up 59% from 1H 2022). Net income: UK£47.5m (up UK£50.6m from 1H 2022). Profit margin: 6.1% (up from net loss in 1H 2022). Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Consumer Durables industry in Germany. Buying Opportunity • Nov 29
Now 21% undervalued Over the last 90 days, the stock is up 29%. The fair value is estimated to be €6.45, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company became loss making. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Senior Independent Non-Executive Director Andrew Harrison was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Oct 27
Now 23% undervalued Over the last 90 days, the stock is up 29%. The fair value is estimated to be €7.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company became loss making. Anuncio • Oct 20
Victoria PLC (AIM:VCP) acquired International Wholesale Tile, LLC for $28.5 million. Victoria PLC (AIM:VCP) acquired International Wholesale Tile, LLC for $28.5 million on October 19, 2022. International Wholesale Tile reported revenues of $63.2 million and EBITDA of approximately $7.0 million for the 12 months ended March 31, 2022. Singer Capital Markets Securities Limited acted as the financial advisor to Victoria PLC (AIM:VCP). Singer Capital Markets also acted as the joint broker with Berenberg and Peel Hunt to Victoria.
Victoria PLC (AIM:VCP) completed the acquisition of International Wholesale Tile, LLC on October 19, 2022. Anuncio • Oct 17
Victoria PLC to Report Q2, 2023 Results on Nov 29, 2022 Victoria PLC announced that they will report Q2, 2023 results on Nov 29, 2022 Buying Opportunity • Sep 14
Now 21% undervalued Over the last 90 days, the stock is up 18%. The fair value is estimated to be €7.93, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 19% over the last 3 years. Meanwhile, the company became loss making. Anuncio • Aug 13
Victoria PLC, Annual General Meeting, Sep 09, 2022 Victoria PLC, Annual General Meeting, Sep 09, 2022, at 12:00 Coordinated Universal Time. Location: the offices of Brown Rudnick LLP at 8 Clifford Street, London W1S 2LQ London United Kingdom Agenda: To receive and adopt the Directors' Report, Auditor's Report and Accounts for the year ended 2 April 2022; to re-elect Zachary Sternberg as a Director, who retires by rotation in accordance with the Company's Articles of Association; to elect Brian Morgan as a Director, who will be appointed as a Director of the Company on 22 August 2022 and therefore is required by the Company's Articles of Association to put himself forward for election by the Company's shareholders at this Annual General Meeting; to re-appoint Grant Thornton UK LLP as auditors of the Company, to hold office until the conclusion of the next general meeting at which accounts are laid before the Company, and to authorise the Directors to determine their remuneration; and to consider other matters. Reported Earnings • Jul 20
Full year 2022 earnings released: UK£0.11 loss per share (vs UK£0.023 profit in FY 2021) Full year 2022 results: UK£0.11 loss per share (down from UK£0.023 profit in FY 2021). Revenue: UK£1.02b (up 54% from FY 2021). Net loss: UK£12.4m (down UK£15.2m from profit in FY 2021). Over the next year, revenue is forecast to grow 33%, compared to a 4.1% growth forecast for the industry in Germany. Anuncio • Jun 01
Victoria plc Announces CFO Transition Victoria plc announced the upcoming departure of Mike Scott, after more than six years as Victoria's Chief Financial Officer. Mike has decided to retire from Victoria later this year for personal and family reasons. He will be succeeded by Brian Morgan, who has been selected by Victoria's Board following an extensive search. Mike will continue in his role until Brian starts on 22 August 2022 and will then remain as a non-executive director until the following AGM to assist with the transition. Thereafter he will continue to be available as needed to assist Victoria as it continues to create wealth for shareholders. Brian is joining Victoria from FTSE250 group, Synthomer plc, where he has been Director of Group Finance since 2017. Brian has spent his entire career operating across multi-national companies like Victoria and has a proven ability to adapt to vastly different business cultures, having managed teams across the globe. His global remit has given him a deep understanding of cross-jurisdictional accounting. Victoria's Board was attracted to the fact that, in addition to his responsibility for accounting, financial reporting, budgeting, treasury, and tax, Brian has a strong M&A background having previously been part of the Corporate Finance team at a Big-Four firm and more recently leading the Synthomer finance team through five acquisitions, including two transformational deals of c. $1 billion each. He also led the business' issuance of €520 million senior bonds in June 2020. Apart from possession of the requisite CFO skills, the Board focussed on finding someone with experience of high-growth and entrepreneurial environments, who would be a good cultural fit and know how to continue to develop Victoria's strong governance and control mechanisms further. Brian adds to the strong bench of management talent carefully built at Victoria over the last nine years. Board Change • Apr 29
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Senior Independent Non-Executive Director Andrew Harrison was the last independent director to join the board, commencing their role in 2012. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Buying Opportunity • Apr 08
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 31%. The fair value is estimated to be €12.42, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Meanwhile, the company has become profitable. Buying Opportunity • Feb 19
Now 21% undervalued after recent price drop Over the last 90 days, the stock is down 19%. The fair value is estimated to be UK£12.54, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 13% per annum over the last 3 years. The company has become profitable over the last year. Anuncio • Feb 11
Victoria plc (AIM:VCP) completed the acquisition of Graniser Granit Seramik San. Ve Tic. A.S from Bancroft 3, L.P. managed by Bancroft Private Equity and European Bank for Reconstruction and Development. Victoria plc (AIM:VCP) agreed to acquire Graniser Granit Seramik San. Ve Tic. A.S from Bancroft 3, L.P. managed by Bancroft Private Equity and European Bank for Reconstruction and Development for €48.2 million on November 10, 2021. The consideration will be funded entirely from the Group's cash balances. Graniser generated audited revenues of €59.3 million for the month ended December 31, 2021. Completion is subject to procedural approval by the Turkish competition authorities and is expected to take place in December 2021. On completion, the Acquisition will be immediately earnings accretive.
Victoria plc (AIM:VCP) completed the acquisition of Graniser Granit Seramik San. Ve Tic. A.S from Bancroft 3, L.P. managed by Bancroft Private Equity and European Bank for Reconstruction and Development on February 9, 2022. The transaction completed following regulatory approval by the Turkish competition authorities. Rick Thompson, Phil Davies and Alex Bond of Singer Capital Markets Securities Limited acted as financial advisor to Victoria. Reported Earnings • Nov 25
First half 2022 earnings: EPS in line with analyst expectations despite revenue beat First half 2022 results: UK£0.027 loss per share (up from UK£0.031 loss in 1H 2021). Revenue: UK£489.0m (up 60% from 1H 2021). Net loss: UK£3.10m (loss narrowed 21% from 1H 2021). Revenue exceeded analyst estimates by 2.9%. Over the next year, revenue is forecast to grow 16%, compared to a 3.9% growth forecast for the industry in Germany. Board Change • Jul 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Non-Executive Director Blake Ressel was the last director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Jul 21
Full year 2021 earnings released: EPS UK£0.023 (vs UK£0.54 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: UK£662.3m (up 6.6% from FY 2020). Net income: UK£2.80m (up UK£71.0m from FY 2020). Profit margin: 0.4% (up from net loss in FY 2020). The move to profitability was primarily driven by higher revenue. Anuncio • May 05
Victoria plc (AIM:VCP) acquired Edel Group BV for €49.4 million. Victoria plc (AIM:VCP) acquired Edel Group BV for €49.4 million on May 4, 2021. As per terms of transaction, Total consideration paid was €49.4 million. In addition, Edel has approximately €20.0 million (£17.4m1) of net debt.
The purchase price was funded entirely from the Group's cash balances. For the year ended December 31, 2020, Edel generated unaudited total revenues of €47.6 million and normalized EBITDA of €10 million. The acquisition of Edel will be immediately earnings-accretive. Rick Thompson, Phil Davies and Alex Bond of Nplus1 Singer Advisory LLP acted as financial advisor to Victoria plc.
Victoria plc (AIM:VCP) completed the acquisition of Edel Group BV on May 4, 2021. Anuncio • Apr 13
Victoria plc Provides Revenue Guidance for the Year 2021 Victoria plc provided revenue guidance for the year 2021. for the year, revenues to be in excess of £640 million (2020: £621.5 million) - despite the impact of the April-May 2020 lockdowns, which saw over £50 million of revenue reduction in those two months compared to the prior year. Anuncio • Jan 13
Victoria PLC Hires Roberto Moreno as Managing Director - Strategic Investments and Corporate Development The Board of Victoria PLC announced that Roberto Moreno has joined the Group as Managing Director - Strategic Investments and Corporate Development. Roberto's role will involve working with other parties to source and diligence potential growth opportunities. Roberto is currently living in New York, where he was previously the Chief Investment Officer for E.L. Rothschild and the Managing Member of investment company, Pine Management.