Victorian Plumbing
This coverage examines Victorian Plumbing’s strategic developments within the UK retail sector, focusing on its operational shifts, brand consolidation, and expansion initiatives. Reporting includes the closure of Victoria Plum following its acquisition, the launch of a new semi-automated distribution centre in Leyland, and the planned reintroduction of the MFI brand into the homewares market. Insights are tailored for retail professionals overseeing operations, mergers and acquisitions, and category expansion strategies in the home improvement and e-commerce sectors.
-
Feb- 2023 -7 FebruaryHigh Street
Victorian Plumbing appoints new CFO
Victorian Plumbing Group has revealed that Paul Meehan, the group’s chief financial officer, is set to step down and will be replaced by group director of finance Daniel Barton. Victorian Plumbing said that Meehans advised the board that he wishes to step down from his role on 31 March 2023…
Read More » -
Dec- 2022 -6 DecemberDIY
Victorian Plumbing revenues recover in H2
Victorian Plumbing has revealed its performance recovered in the second half of the year with revenues up 6% meaning its FY revenues came in ahead of expectations broadly flat at £269.4m (2021: £268.8m). For the 52-week period ended 30 September 2022, the bathroom retailer said its average order value was…
Read More » -
May- 2022 -17 MayDIY
Victorian Plumbing H1 profits fall to £2.7m
Victorian Plumbing Group has revealed its operating profit for the first half of the year has fallen 80% YOY to £2.7m. The online bathroom retailer also revealed revenues for the period were down 5% year-on-year to £133.9m (H1 2021: £140.7m), lapping a “tough comparable period” resulting from market outperformance during…
Read More » -
Oct- 2021 -7 OctoberDIY
Victorian Plumbing FY21 sales rise 29%
Victorian Plumbing Group has reported revenue growth of 29% for the full-year ending 30 September 2021. The online retailer said the growth reflected “strong” trading in the first three quarters of the year and more “subdued” market conditions as lockdown restrictions were eased, before customer demand improved in September. During…
Read More » -
Jun- 2021 -22 JuneDIY
Victorian Plumbing makes £850m stock market debut
Victorian Plumbing has officially made its stock market debut this morning (22 June) with an initial market capitalisation of £850m. Last week the group confirmed a conditional placing of 4,427,481 new ordinary shares and 109,122,138 existing ordinary shares, at a price of 262 pence per share. Through the placing of…
Read More » -
17 JuneOnline & Digital
Victorian Plumbing market cap valued at £850m upon IPO
Victorian Plumbing, the online retailer of bathroom products and accessories, has revealed its market capitalisation upon admission to trading on AIM to be roughly £850m. The group has confirmed a conditional placing of 4,427,481 new ordinary shares and 109,122,138 existing ordinary shares, at a price of 262 pence per share.…
Read More » -
1 JuneOnline & Digital
Victorian Plumbing to float on AIM
Victorian Plumbing, an online retailer of bathroom products and accessories, has announced its intention to float on AIM, the submarket of the London Stock Exchange. Set to take place “on or around” 22 June 2021, the IPO represents a continuation of Victorian Plumbing’s growth trajectory. The group, which stocks over…
Read More »
