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Victorian Plumbing – interims, full-year to be even “broadly in line” with current expectations?

By Steve Moore | Tuesday 28 May 2024

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.

Online retailer which describes itself as “the UK's leading bathroom retailer”, Victorian Plumbing (VIC) has announced results for its half-year ended 31st March 2024 including emphasising “adjusted PBT increased 40% to £11.5m… Interim dividend of 0.52p per share (H1 2023: 0.45p per share)… confidence in our profitable growth strategy as we continue to deliver long-term value for all stakeholders”. So what of a share price which has currently edged higher to 98p?
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