UK's Victoria slips on dour Q4 revenue forecast

Victoria

23/02/2026 08:21

** Victoria VCP.L slips ~12% to more than 10-year low of 23p

** Flooring products maker expects Q4 revenue below previous estimates and ~5% below last year's 1.12 billion pounds ($1.51 billion)

** Says trading in first half of January 2026 impacted by weak consumer confidence, footfalls due to geopolitical events across key markets of Western Europe, North America, UK

** Adds while relocation of rug manufacturing from Belgium to Turkey remains on track, shipping disruptions have been greater than anticipated

** VCP falls ~32% YTD

($1 = 0.7398 pounds)

 (Reporting by Neeshita Beura in Bengaluru)

 ((Neeshita.Beura@thomsonreuters.com))