Victorian Plumbing Group Full Year 2024 Earnings: EPS Misses Expectations

Victorian Plumbing Group (LON:VIC) Full Year 2024 Results

Key Financial Results

• Revenue: UK£295.7m (up 3.7% from FY 2023).
• Net income: UK£5.50m (down 53% from FY 2023).
• Profit margin: 1.9% (down from 4.1% in FY 2023). The decrease in margin was driven by higher expenses.
• EPS: UK£0.018 (down from UK£0.041 in FY 2023).

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

Victorian Plumbing Group EPS Misses Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 31%.

Looking ahead, revenue is forecast to grow 9.2% p.a. on average during the next 2 years, compared to a 4.8% growth forecast for the Specialty Retail industry in the United Kingdom.

Performance of the British Specialty Retail industry.

The company's share price is broadly unchanged from a week ago.

Risk Analysis

You still need to take note of risks, for example - Victorian Plumbing Group has 2 warning signs (and 1 which makes us a bit uncomfortable) we think you should know about.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.