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Pin to quick picksPortmeirion Regulatory News (PMP)

Share Price Information for Portmeirion (PMP)

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51.50    0.00 (0.00%)
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Spread: 3.00 (6.00%)
Market Cap: £24.61m
PMP Live PriceLast checked at - London Stock Exchange

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AGM Statement

19 May 2015 11:33

RNS Number : 6358N
Portmeirion Group PLC
19 May 2015
 



 

 

 

 

 

19 May 2015

 

Portmeirion Group PLC ('the Company')

 

AGM Statement

 

 

At the Company's Annual General Meeting held today at 11.00 a.m., the Non-Executive Chairman, Dick Steele, made the following statement:

 

"I am pleased to report that our performance is in line with market expectations. Sales for the four months to the end of April, using a like for like US dollar exchange rate, were nearly 10% above the corresponding period last year. Although sales to South Korea have been weaker during this period, other markets have performed well.

 

Demand for our UK made product continues to grow and our new kiln project is proceeding according to plan with commissioning scheduled for the final quarter of this year.

 

Our order book is strong and we remain positive about the outlook for the full year."

 

 

All of the resolutions proposed in the Notice of the Annual General Meeting were passed.

 

Enquiries:

Portmeirion Group PLC:Dick Steele +44 (0) 1782 744721 steele_clan@msn.com

Non-executive Chairman Brett Phillips, +44 (0) 1782 744721 bphillips@portmeiriongroup.com

Group Finance Director

 

Bell Pottinger:

Dan de Belder +44 (0) 203 772 2561 ddebelder@bellpottinger.com

Kashara Taylor +44 (0) 203 772 2593 ktaylor@bellpottinger.com

 

 

Panmure Gordon +44 (0) 207 886 2500

(Nominated Adviser and Broker):

Freddy Crossley/Duncan Monteith Corporate Finance

Tom Salvesen / Maisie Atkinson Corporate Broking

 

 

 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
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