Victoria PLC Announces CFO Transition with Appointment of Alec Pratt

Victoria ( (GB:VCP) ) has provided an update.

Victoria PLC has announced the appointment of Alec Pratt as the new Chief Financial Officer (CFO) Designate, succeeding Brian Morgan in June. Alec Pratt, who brings extensive experience from his previous roles at Deutsche Bank and J.P. Morgan, is expected to enhance Victoria’s management team and contribute significantly to the company’s continued growth and operational efficiency. This transition is part of Victoria’s broader strategy to strengthen its leadership and maintain its position as a leading player in the international flooring industry.

More about Victoria

Established in 1895 and listed since 1963, Victoria PLC is an international manufacturer and distributor of innovative flooring products. Headquartered in Worcester, UK, the company designs, manufactures, and distributes a range of products including carpet, flooring underlay, ceramic tiles, luxury vinyl tile (LVT), artificial grass, and flooring accessories. Victoria operates in the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia, employing approximately 5,600 people across more than 30 sites. It is Europe’s largest carpet manufacturer and the second largest in Australia, as well as the largest manufacturer of underlay in both regions. The company’s strategy focuses on creating shareholder value through acquisitions and sustainable organic growth.

YTD Price Performance: 27.99%

Average Trading Volume: 1,802,829

Technical Sentiment Consensus Rating: Strong Buy

Current Market Cap: £100.4M

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