Victorian Plumbing Group Plc (GB:VIC) has released an update.
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Victorian Plumbing Group Plc has reported a revenue increase of approximately 4% for the fiscal year 2024, with a notable 10% growth in order volume, delivering over a million orders. The company has also announced the closure of its Victoria Plum operations by the end of 2024, following an EBITDA loss since acquisition. Meanwhile, their new semi-automated distribution center in Lancashire is now operational, promising to enhance customer service efficiency and support future growth.
For further insights into GB:VIC stock, check out TipRanks’ Stock Analysis page.