UK's Victoria slips on dour Q4 revenue forecast
ReutersFeb 23, 2026 8:21 AM
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)
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