Portmeirion sales rise in first half

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Sharecast News | 12 Jul, 2018

11:25 18/11/24

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Homewares manufacturer and distributor Portmeirion updated the market on its trading for the first half of the current year on Thursday, reporting that group sales were up 11% for the six months ended 30 June, compared to the same period last year.

The AIM-traded company, whose brands include Portmeirion, Spode, Wax Lyrical, Royal Worcester and Pimpernel, said that on a constant currency basis, total group sales were up 15% on last year.

“We are delighted with the positive start to the year with strong progress in both our ceramic and home fragrance divisions,” the Portmeirion board said in its statement.

“With the seasonal weighting of our business, trading in the second half of the year remains important to the group.

“We remain confident that we will achieve profits for the full year in line with market expectations.”

Portmeirion said its interim results for the six months ended 30 June wpi;d be announced on 2 August.

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