New Year prospects: Victoria

Floorcoverings and tiles manufacturer Victoria (LON: VCP) has done well despite the poor trading conditions in the past year. A small recovery in the share price since the interim has still left it 56.7% lower since the beginning of 2022 at 520p.

AIM-quoted Victoria has operations in the UK, Europe, Australia and North America. It was originally a UK-based carpet maker, but a change of management led to an acquisition strategy that has expanded the business into areas, including ceramic tile...

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