THE RETAIL BULLETIN - The home of retail news
Lest we forget
Click here
Home Page
News Categories
Commentary
CX
Department Stores
Electricals and Tech
Entertainment
Fashion
Food and Drink
General Merchandise
Grocery
Health and Beauty
Home and DIY
Interviews
People Matter
Retail Business Strategy
Property
Retail Solutions
Electricals & Technology
Sports and Leisure
Christmas Ads
Shopping Centres, High Streets & Retail Parks
Uncategorized
Retail Events
People in Retail Awards 2024
THE Retail Conference
Retail Ecom North
Retail HR North 2025
Retail Omnichannel Futures 2025
Retail HR Central 2025
The Future of The High Street 2025
Retail Ecom Central
Upcoming Retail Events
Past Retail Events
Retail Insights
Retail Solutions
Advertise
About
Contact
Subscribe for free
Terms and Policies
Privacy Policy
Victorian Plumbing posts strong full year revenue growth

Victorian Plumbing has reported finishing its financial year with revenue growth of around 29%. The online bathroom retailer said it benefited from strong trading in the… View Article

HOME AND DIY RETAIL NEWS

Victorian Plumbing posts strong full year revenue growth

Victorian Plumbing has reported finishing its financial year with revenue growth of around 29%.

The online bathroom retailer said it benefited from strong trading in the first three months of the year, which ended on 30 September. While this was followed by more subdued market conditions as lockdown restrictions were eased, customer demand improved in September.

Despite sales growth moderating over the summer, the retailer’s gross margins remained strong throughout the year so it is now anticipating that adjusted EBITDA for the full year will be ahead of market expectations.

In a statement, it said: “Given the widely publicised global supply chain issues that have been affecting many companies, the group has been proactive in optimising its stock holding going into the new financial year.

“The group continues to progress all of the operational and strategic opportunities outlined at the time of the IPO. Management will provide a further update in the group’s maiden preliminary results.”

Victorian Plumbing offers a range of over 24,000 products to B2C and trade customers.

Subscribe For Retail News