RCS - Victoria PLC - New ceramics production line commissioned

VictoriaAnnouncement

26/11/2025 07:00

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RNS Number : 9903I  Victoria PLC  26 November 2025

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Victoria PLC

('Victoria' or the 'Company')

 

New ceramics production line commissioned

 

Ultra-efficient & set to deliver €15 million per annum improvement to
earnings

 

Victoria PLC, (LSE: VCP) the international designer, manufacturer, and
distributor of innovative flooring, announces that its Ceramics Division has
completed commissioning of its V4 production line at its Keraben subsidiary in
Spain, and has now started production.

 

The V4 line at Keraben is a key component of the Company's internal
initiatives to improve earnings as set out at the FY2025 annual results. The
new highly automated line is expected to deliver a step-change in earnings due
to its scale and efficiency and is anticipated to have a positive impact of
circa €15 million per annum on the Company's earnings once at full capacity.

 

The Company has taken significant steps to reorganise its Ceramics Division,
reducing costs and improving operational efficiency while protecting the
structural capacity required to support an expected recovery in demand. These
changes, along with improved cost control, optimised product portfolios, and
more efficient use of manufacturing assets, are expected to enhance
profitability over the medium term.

 

Further details will be provided at the Company's upcoming half year results.

 

José Luis LLacuna, Chief Executive Office of Victoria Plc's Ceramics
Division, commented:

"This is an enormous milestone for the ceramics business - our line has been
designed and built to deliver unmatched efficiency, precision and quality. We
already have a talented and committed team in place who have been able to hit
the ground running and, as CEO of the Division, I'm extremely proud of what
we're doing at Keraben."

 

Geoff Wilding, Executive Chairman of Victoria Plc, also added:

"Our team have done a fantastic job delivering this project on schedule. We
broke ground in FY24 so to have reached this position is an exceptional
achievement. The benefit the Group will see in the coming years is
considerable and we are confident that our team in Spain will continue to
deliver to the high standards they've set."

 

 

For more information contact:

 

 Victoria PLC                                                              www.victoriaplc.com/investors-welcome

                                                                         (http://www.victoriaplc.com/investors-welcome)
 Geoff Wilding, Executive Chairman

                                                                         Via Walbrook PR
 Philippe Hamers, Chief Executive Officer

 Alec Pratt, Chief Financial Officer

 Singer Capital Markets (Nominated Adviser & Joint Broker)                 +44 (0)20 7496 3095

 Rick Thompson, Phil Davies, James Fischer

 Berenberg (Joint Broker)                                                  +44 (0)20 3207 7800

 Ben Wright, Harry Nicholas, Tom Ballard

 Walbrook PR (Joint Investor Relations)  +44 (0)20 7933 8780 or victoria@walbrookpr.com

                                       (mailto:victoria@walbrookpr.com)
 Paul McManus, Joe Walker

                                         +44 (0)7980 541 893 / +44 (0)7407 804 654

 Edelman Smithfield (Joint Investor Relations)                             +44 (0)7970 174 252 or

 Alex Simmons                                                              alex.simmons@edelmansmithfield.com (mailto:alex.simmons@edelmansmithfield.com)

 

About Victoria PLC (www.victoriaplc.com (http://www.victoriaplc.com) )

 

Established in 1895 and listed since 1963 and on AIM since 2013 (VCP.L),
Victoria PLC, is an international manufacturer and distributor of innovative
flooring products. The Company, which is headquartered in Worcester, UK,
designs, manufactures and distributes a range of carpet, flooring underlay,
rugs, ceramic tiles, LVT (luxury vinyl tile), artificial grass and flooring
accessories.

 

Victoria has operations in the UK, Spain, Italy, Belgium, the
Netherlands, Germany, Turkey, the USA, and Australia and employs
approximately 5,350 people across more than 30 sites. Victoria 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 is designed to create value for its shareholders and is
focused on consistently increasing earnings and cash flow per share via
acquisitions and sustainable organic growth.

 

About Keraben (en.keraben.com (https://en.keraben.com/) )

 

Keraben is a Spanish designer and manufacturer of high-quality ceramic wall
and floor tiles, known for its design, innovation, and sustainability. Founded
in 1974, the company is part of the Keraben Group, which also includes the
brands Metropol and Ibero, exporting products to over 120 countries. Its
offerings include a wide range of porcelain stoneware and monoporous ceramic
tiles for both indoor and outdoor use, with designs inspired by trends and
nature. Karaben has been a part of the Victoria Group since it was acquired in
November 2017.

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