20th Jan 2014 09:48
LONDON (Alliance News) - Portmeirion Group PLC Monday said that it expects its pretax profit for the full year ended December 31 to be in line with expectations, following a strong fourth quarter.
The ceramics and home-ware company expects to see revenues for the year over GBP58 million, around 5% ahead of the previous year. The company said in a statement it had been the "fifth consecutive year in which we have achieved record sales."
"The economic conditions in many of our markets remain challenging but we continue to drive growth through our strong brands, innovative designs and attention to quality," said non-executive Chairman Dick Steele in a statement.
Shares in Portmeirion were trading up 2.8% at 730.00 pence Monday morning.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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