Revenue up at pottery maker as UK market strengthens

Stoke on Trent pottery manufacturer Portmeirion enjoyed a strong first half thanks to a 29% increase in UK sales. The home market is now the largest for the group after its USA and South Korean sales stuttered during the beginning of the year. In the six months to June 30, revenue grew 16% to £33.1m (H1 2016: £28.5m). Sales from its Wax Lyrical acquisition were £5.4m (2016: £1.5m in the two months of ownership). Excluding sales from Wax Lyrical, sales for the core Portmeirion business were £27.7m (2016: £27m), an increase ... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
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