Victoria Carpet Says Quarterly Revenues Rise

Kidderminster, UK, Aug. 3, 2011 -- Victoria Carpet said revenues rose in the first quarter, both at home and worldwide.

Revenues in the UK rose 15.6% over last year for the 13-week period from April 3 to July 2.

Groupwide, including Victoria’s overseas operations, revenues increased by 13% for the same period.

The firm was able to grow revenues by increasing prices to offset rising materials costs, as well as growing its insurance replacement business, which it entered last year.