By Michele Maatouk
Date: Monday 05 Aug 2019
LONDON (ShareCast) - (Sharecast News) - Victoria confirmed on Monday that it is evaluating a number of opportunities, including the potential acquisition of Spanish ceramics manufacturer Ibero Porcelanico.
Responding to recent press speculation, the flooring designer, manufacturer and distributor said it is currently in discussions about a possible acquisition, which if it were to proceed, would be "leverage neutral and earnings enhancing".
"The board has previously stated that it is part of its growth strategy to make highly selective acquisitions and therefore it is frequently in discussions with a number of parties," it said.
Victoria said there is no guarantee a deal will take place and a further announcement will be made in due course as appropriate.
At 1300 BST, the shares were down 0.5% at 534.50p.
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