Directors Deals 

Victoria bosses attempt confidence boost

Victoria bosses attempt confidence boost

Victoria (VCP) bosses have tried explaining why the interior design company's shares have fallen more than 40 per cent since early September. Chairman Geoff Wilding blamed "untrue" rumours about the company, although a warning in Ocotber about an expected margin squeeze likely didn't help. Indeed, the half-year results in November revealed that operating margins fell from 6.8 per cent to 5 per cent on a reported basis. Reported pre-tax profits also nearly halved, while after-tax profits fell from £6m to £0.7m.

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