Churchill China says strong H1 growth and no effect from Brexit

Pottery manufacturer Churchill China said it had “achieved strong growth” and does not expect to be affected by Brexit greatly.

The Stock-on-Trent based company said in its trading update for the six months to 30 June 2016 that it achieved strong growth across the business and in particular in the hospitality export markets.

The company, founded in 1795, said the UK’s vote to leave the European Union had introduced some uncertainties into its markets but it said as the company is increasingly international and focused on attractive markets with good potential.

The AIM listed company said: "We remain confident that we will continue to deliver against our performance targets."

Churchill products are used in hospitality establishments in over 70 countries and has a distributor network of 508. The company joined the London Stock Exchange in 1994.

Shares in Churchill China fell 0.70% to 705p to 1600 BST.