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AGM Statement

17th May 2018 07:00

RNS Number : 3367O
Portmeirion Group PLC
17 May 2018
 

17 May 2018

 

Portmeirion Group PLC

(the "Company" and the "Group")

 

AGM Statement

 

 

 

At the Company's Annual General Meeting to be held today at 12.00 noon, the Non-Executive

Chairman, Dick Steele, will make the following statement:

 

"Total Group sales are up 15% for the four months ended 30 April 2018 relative to the same period last year, driven by strong growth in both ceramic and home fragrance product divisions. On a constant currency basis total Group sales are 20% ahead of last year. We are delighted with the start to the year, however due to the seasonal nature of our business and the importance of second half trading we continue to expect full year profit before tax to be in line with market expectations."

 

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014 (MAR).

 

 

ENQUIRIES:

 

Portmeirion Group PLC:

 

Dick Steele +44 (0) 1782 744 721 steele_clan@msn.com

Non-executive Chairman

Mike Raybould +44 (0) 1782 744 721 mraybould@portmeiriongroup.com

Group Finance Director

 

Hudson Sandler:

 

Dan de Belder +44 (0) 207 796 4133 ddebelder@hudsonsandler.com

Nick Moore [email protected]

 

Panmure Gordon:

(Nominated Adviser and Broker): +44 (0) 207 886 2500

Freddy Crossley/ Ryan McCarthy Corporate Finance

James Stearns Corporate Broking

 

Cantor Fitzgerald Europe:

(Joint Broker): +44 (0) 207 894 7000

Catherine Leftley /Marc Milmo Corporate Finance

Alex Pollen Sales

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
AGMAFMFTMBMBBIP

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