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
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Churchill China (CHH)