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Victoria hit by financing burden

Despite robust revenue growth, the company made another loss and the shares are struggling
July 19, 2022
  • Five acquisitions
  • Challenging cost inflation

Victoria’s (VCP) shares are down by over 60 per cent over the last year, with these results not helping matters. Despite the designer, manufacturer, and distributor of floorcoverings posting record revenue, it fell to an increased loss as higher finance costs had their impact.

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