Latest Share Chat

Churchill China To Beat Market View After Strong Fourth Quarter

Thu, 05th Jan 2017 07:35

LONDON (Alliance News) - Ceramic products maker Churchill China PLC on Thursday said trading in the fourth quarter of 2016 was ahead of its expectations and it will beat the market view for the year.

Churchill China said its performance in export markets has remained strong, driven by favourable exchange rates and new product launches.

Thanks to this strong fourth quarter performance, the group anticipates its 2016 results will be well ahead of 2015 and will outpace market forecasts.

The group will publish its 2016 annual results on March 28.

By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance

Related Shares

More News

9 May 2024 15:51

UK dividends calendar - next 7 days

10 Apr 2024 09:36

Churchill China overcomes challenging year by improving efficiencies

(Alliance News) - Churchill China PLC on Wednesday said the company improved profitability in 2023, despite its core customers in the hospitality mark...

3 Apr 2024 12:58

UK earnings, trading statements calendar - next 7 days

17 Jan 2024 11:30

IN BRIEF: Churchill China shares slump as warns weak demand to remain

Churchill China PLC - Stoke-on-Trent, England-based ceramic products' manufacturer - Says 2023 profit is in line with market forecasts, despite a "cha...

14 Sep 2023 11:08

EARNINGS: MJ Gleeson cuts dividend, Portmeirion holds, Churchill hikes

(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Thursday and not separately reported by Alliance News...