Victorian Plumbing Group’s revenue rose 11 per cent to £344m in the year to 30 September, according to a full-year trading update. Total orders increased 13 per cent, while average order value fell 5 per cent.
Tiles and flooring revenue grew 76 per cent to £31m. Trade revenue increased 6 per cent to £78m. The group also reported about £7m in revenue from its haulage business, Sovereign Transport Services, and £3m from MFI, its homewares brand.
Adjusted profit before tax is expected to be £22m, ahead of market expectations. That includes an expected £4m loss at MFI as the group invests in establishing the brand. These are trading-update figures; Victorian Plumbing says it will publish its preliminary FY26 results on 8 December.
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