Victoria PLC

Victoria PLC, established in 1895 and listed since 1963, is a prominent international manufacturer and distributor of innovative flooring products. Headquartered in Worcester, UK, the company designs, manufactures, and distributes a comprehensive range of carpets, flooring underlay, rugs, ceramic tiles, luxury vinyl tile (LVT), artificial grass, and flooring accessories. With a significant global presence, Victoria operates across the UK, Spain, Italy, Belgium, the Netherlands, Germany, Turkey, the USA, and Australia, employing approximately 5,350 people across more than 30 sites.

It holds the distinction of being Europe's largest carpet manufacturer and the second largest in Australia, also leading in underlay production in both regions. The company's strategy is centered on creating value for its shareholders by consistently increasing earnings and cash flow per share. This is achieved through a dual approach of strategic acquisitions and sustainable organic growth.

Victoria focuses on the mid-to-high end of its respective markets, selling primarily direct to retailers, with over 3000 UK customers including major chains like John Lewis. The business is largely insulated from the cyclical construction industry, concentrating on the home improvement market. Its manufacturing facilities are well-invested and efficient, allowing for a flexible response to market demand.

Victoria PLC has a proven track record in integrating acquired businesses and managing its cash flow effectively to de-lever.