22 May 2009 12:21
22 May 2009
Portmeirion Group PLC ('the Company')
AGM Statement
At the Company's Annual General Meeting held today at 12.00 noon the Non-Executive Chairman, Dick Steele made the following statement:
"When we announced our 2008 results on 13th March 2009, we also announced that our sales for the first two months of 2009 were 6% above 2008. This trend has continued into the fourth month of 2009. Nevertheless we believe it right to remain cautious about our core Portmeirion business because of the continuing economic uncertainties in our major markets and due to the fact that our first half year is not traditionally as strong as our second half year.
On 24th April 2009 we announced the purchase of the intellectual property rights for Spode and Royal Worcester. Our progress for the re-invigoration of these brands is going according to plan."
All of the resolutions proposed in the notice of the Annual General Meeting were duly passed.
ENQUIRIES:
| Portmeirion Group PLC: | ||
| Dick Steele Non-executive Chairman | 01782 744721 | steele_clan@msn.com |
| Brett Phillips Group Finance Director | 01782 744721 | bphillips@portmeirion.co.uk |
| Pelham Public Relations: | ||
| Kate Catchpole | 020 7337 1500 | kate.catchpole@pelhampr.com |
| Seymour Pierce Limited (Nomad): | ||
| Richard Feigen | 020 7107 8000 | richardfeigen@seymourpierce.com |
Portmeirion (PMP)