Last checked at 5 Jan 2017 07:00
For immediate release | 5 January 2017 |
CHURCHILL CHINA Plc
("Churchill China" or the "Company")
FULL YEAR TRADING UPDATE
Churchill China plc (AIM: CHH), the manufacturer and distributor of performance ceramic and related products to hospitality and retail markets worldwide, is pleased to announce the following trading update for the year to 31 December 2016.
Trading in the final quarter of the year has been ahead of earlier expectations. Performance in export markets has remained strong reflecting continued progress with new products and more favourable exchange rates. The Board now expects that operating performance will be ahead of current market estimates and well ahead of 2015. Additionally, cash and deposit balances are also expected to exceed current market estimates.
The Company intends to announce its preliminary results for the year to 31 December 2016 on 28 March 2017.
This announcement contains inside information for the purposes of Article 7 of EU Regulation 596/2014.
For further information, please contact:
Churchill China plc | Tel: 01782 577566 |
David O'Connor / David Taylor | |
Buchanan | Tel: 020 7466 5000 |
Mark Court / Sophie Cowles / Jane Glover | |
N+1 Singer | |
Richard Lindley | Tel: 0113 388 4789 |