Victorian Plumbing Group Full Year 2023 Earnings: EPS Beats Expectations

Victorian Plumbing Group (LON:VIC) Full Year 2023 Results

Key Financial Results

• Revenue: UK£285.1m (up 5.8% from FY 2022).
• Net income: UK£11.8m (up 28% from FY 2022).
• Profit margin: 4.1% (up from 3.4% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: UK£0.041 (up from UK£0.033 in FY 2022).

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

Victorian Plumbing Group EPS Beats Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 37%.

Looking ahead, revenue is forecast to grow 8.2% p.a. on average during the next 3 years, compared to a 5.5% growth forecast for the Specialty Retail industry in the United Kingdom.

Performance of the British Specialty Retail industry.

The company's shares are up 8.3% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Victorian Plumbing Group's balance sheet.

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