Victoria Full Year 2024 Earnings: UK£0.94 loss per share (vs UK£0.79 loss in FY 2023)

Victoria (LON:VCP) Full Year 2024 Results

Key Financial Results

• Revenue: UK£1.27b (down 14% from FY 2023).
• Net loss: UK£108.0m (loss widened by 18% from FY 2023).
• UK£0.94 loss per share (further deteriorated from UK£0.79 loss in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Victoria Earnings Insights

The primary driver behind last 12 months revenue was the UK & Europe Soft Flooring segment contributing a total revenue of UK£643.8m (51% of total revenue). Notably, cost of sales worth UK£881.6m amounted to 69% of total revenue thereby underscoring the impact on earnings. The largest operating expense was Sales & Marketing costs, amounting to UK£347.1m (70% of total expenses). Explore how VCP's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 2.0% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Consumer Durables industry in the United Kingdom.

Performance of the British Consumer Durables industry.

The company's shares are down 10% from a week ago.

Risk Analysis

We don't want to rain on the parade too much, but we did also find 2 warning signs for Victoria (1 doesn't sit too well with us!) that you need to be mindful of.

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