Victorian Plumbing has grown its full year revenue by 29%

Online bathroom retailer Victorian Plumbing has grown its full year revenue by 29% to £268.8 million after the company saw a strong increase in its number of active customers and orders.

Adjusted EBITDA also rose, climbing by 53% to £40.1 million with an adjusted EBITDA margin of 15%.

However, the company’s pre-tax profit reduced by 17% to £19.7 million in the year to 30 September after £9.4 million of exceptional costs relating to the company’s  IPO in June and share-based payments of £7.7 million were accounted for.

During the period, total orders climbed by 17% to 906,000 as the number of active customers increased by 13% to 638,000.