|
Victoria PLC - Worcestershire, England-based flooring manufacturer - Completes the acquisition of the Rugs and UK Carpet divisions of Sint-Baafs-Vijve, Belgium-based flooring company Balta Group NV. Says the divisions generated total revenue of €307.0 million and normalised earnings before interest, tax, depreciation, and amortization of €35.5 million in the year to March 31, 2021. Says the acquisition will be immediately earnings-accretive.
Victoria first announced the €164 million, or £139 million, acquisition in November.
Current stock price: 880.00 pence
12-month change: up 0.5%
Copyright 2022 Alliance News Limited. All Rights Reserved.
|
