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Share Price Information for Portmeirion (PMP)

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Share Price: 235.00
Bid: 230.00
Ask: 240.00
Change: 0.00 (0.00%)
Spread: 10.00 (4.348%)
Open: 235.00
High: 235.00
Low: 235.00
Prev. Close: 235.00
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Revenue and earnings rise comfortably at Portmeirion

Thu, 02nd Aug 2018 14:22

(Sharecast News) - Portmeirion Group announced its performance for the six months ended 30 June on Thursday, reporting an 11.4% improvement in revenue to £36.9m.The AIM-traded firm said profit before tax was ahead 29.1% to £2.1m, while EBITDA rose 13.9% to £3.1m.Earnings per share were 27.6% higher at 15.24p, with the board declaring an 8.1% rise in the interim dividend to 8.00p per share.Net debt reduced by £0.4m to £1.3m year-on-year.Operationally, Portmeirion said it made "good progress" on growth and diversification in export markets.It said its home fragrance division, which was acquired in 2016, delivered sales growth of 14.1%, while it also saw online sales growth of 13.5%.The board highlighted a number of "successful" new product launches during the period, including Sara Miller London Portmeirion and line extensions in Portmeirion Botanic Garden and Royal Worcester Wrendale Designs."We are delighted with our strong first half trading performance, which benefits from new product launches and further diversification into new markets," said non-executive chairman Dick Steele."Our strategy continues to deliver revenue and profit growth and we remain confident in our ability to meet full year market expectations."
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20 Jan 2014 09:48

Portmeirion Expects In Line Pretax Profit After Strong Fourth Quarter

LONDON (Alliance News) - Portmeirion Group PLC Monday said that it expects its pretax profit for the full year ended December 31 to be in line with expectations, following a strong fourth quarter. The ceramics and home-ware company expects to see revenues for the year over GBP58 million, ar

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20 Jan 2014 08:17

UK MORNING BRIEFING: Shares Open Lower; Shell Makes Disposal

LONDON (Alliance News) - UK shares have opened mostly lower Monday, following a disappointing GDP report from China.

Shell has grabbed attention at the start of a second straight trading day, revealing that it will sell its interest in the Wheatstone-Lago joint vent

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10 May 2013 07:14

Friday broker round-up UPDATE

Afren: Westhouse Securities initiates with a target price of 160p and a buy recommendation. Ashmore Group: Credit Suisse raises target price from 375p to 440p upgrading from underperform to neutral. Barratt Developments: Citigroup increases target price from 245p to 315p leaving its neutral rating

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26 Apr 2013 15:09

Advanced Oncotherapy CEO makes triple purchase

The Chief Executive of Advanced Oncotherapy, a provider of new technology for innovative and patient-focused cancer treatments, has this week purchased three lots of shares in the group, taking his stake to just under 69.4m shares. On Thursday Sinclair purchased one round of 8.075m shares at 1.59p

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21 Jan 2013 09:07

Portmeiron Group expects record revenues

Homewares manufacturer Portmeirion anticipates record revenues in its annual results despite difficult economic conditions and the devastating impacts of Hurricane Sandy. The group expects revenues exceeding £55m for the year to December 31st, 2012, a 3.0% increase compared to 2011. Portmeirion c

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4 Apr 2012 15:45

Millennium and Copthorne Hotels non-exec makes sale

Richard Hartman, a Non-Executive Director of FTSE 250 firm Millennium and Copthorne Hotels, sold 132,694 shares in the company on April 3rd at a price of 478.00p each. The £634,277 transaction followed the vesting of around 479,000 shares under the firm's long term incentive plan on March 30th 200

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22 Mar 2012 14:16

Portmeirion reports strong 2011

Portmeirion Group, an AIM-listed pottery group, recorded a rise in revenue, pre-tax profit and earnings per share for the year ended December 31st. Revenue increased by 4.6% from £51.2m to a record £53.6m, while pre-tax profit rose to £6.3m from £5.4m (£5.2m after exceptional items), up by 16.2%.

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23 Mar 2011 13:05

Portmeirion sales hit record

Pottery group Portmeirion posted record revenues of £51.2m last year, up 19% on the previous year and boosted by strong growth in the US and Korea. Profits increased by 41% to £5.2m. Sales grew across all four main brands with Spode and Royal Worcester both very strong. "We have plans to further i

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20 Jan 2011 13:34

Portmeirion posts record revenues

China and pottery group Portmeiron expects profit before tax to be in line with upgraded expectations after a good Christmas capped a strong year for the company. Sales were particularly strong in North America, South Korea and Italy during the full year, the company said. "The group expects to r

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19 Dec 2010 11:38

Sunday tips round-up: Redhall, Portmeirion...

Support services specialist Redhall focuses on three areas - defence, energy and food processing. In defence, it is a key player in the Astute submarine project, the Royal Navy's ultrasophisticated new fleet. Redhall is a solid, well-run company and it is poised to grow as the economy becomes stron

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16 Dec 2010 06:31

Thursday tips round-up: Pearson, SuperGroup, Morgan Sindall

Pearson still derives 75% of its revenue from print, whether that is school books, copies of the Financial Times or hit titles such as Superfreakonomics. It would be natural to assume that the publisher is in danger of coming unstuck during the undoubtedly bumpy transition to digital from paper.With

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15 Dec 2010 08:07

Portmeirion profits surge as sales hit record

Portmeirion shares shot forward as the ceramics group indicated profit before exceptional items and taxation this year will be 'significantly ahead of market expectations'. After the 24% interim leap, revenues since June have continued significantly up on last year, the group added. Key export m

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9 Aug 2010 17:05

London close: Financials lead the way

Leading equities trod water for the afternoon session consolidating strong gains made in the morning. Hopes that the US Federal Reserve will introduce new economic stimulus measures this week played well with the financial sector, with the likes of fund managers Schroders and St. James's Place and

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9 Aug 2010 14:18

London afternoon: Gains consolidated

Footsie hit its peak at around 10:00am and has been moving sideways ever since on a relatively quiet day for corporate news. In a buoyant insurance sector Prudential is firmer prior to Thursday's results while Aviva is lifted by Panmure Gordon raising its price target from 496p to 535p. Reboundi

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9 Aug 2010 12:11

London midday: Blue chips power ahead

Footsie is powering forward on the back of strong performances from financials and miners. Lonmin and Kazakhmys are the best performing miners, while among financials the stand-out stocks are spread around the insurance (Legal & General, Prudential), banking (Barclays), fund management (Schroders )

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