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Pre-close Trading Update RNS Number:6081M
Portmeirion Group PLC
28 January 2008
Portmeirion Group PLC
("Portmeirion" or the "Group")
Pre-close Trading Update
The Board of Portmeirion, the AIM traded ceramics manufacturer and worldwide
distributor of household goods, today announces a trading update for the year to
31 December 2007, prior to entering its close period. The Group expects to
announce its preliminary results for this year on 2 April 2008.
The Group traded strongly in 2007. Sales continued to grow and revenue and profits
are expected to be in line with management expectations.
Dick Steele, Non Executive Chairman commented:
"2007 was another year of growth for Portmeirion. This was in part driven by the
continued popularity of our well established classic ranges as well as the
success of our new ranges such as Sophie Conran and Pimpernel. The Group has
continued the rationalisation of its UK warehousing facilities and expects the
benefits of this to improve its operational efficiency in the coming years."
ENQUIRIES:
Portmeirion Dick Steele, Non-executive 01782 744721
Chairman
steele_clan@msn.com
Brett Phillips, Group Finance 01782 744721
Director
bphillips@portmeirion.co.uk
Pelham Public Relations Alex Walters 020 31707435
alex.walters@pelhampr.com
KBC Peel Hunt Ltd Richard Newman 020 7418 8900
(Nominated Adviser and David Anderson
Broker)
This information is provided by RNS
The company news service from the London Stock Exchange
END
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| Portmeirion Group PLC Registered in England No. 124842 REGISTERED OFFICE Portmeirion Group PLC London Road Stoke-on-Trent Staffordshire England ST4 7QQ |
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