AGM Statement

RNS Number : 3367O

Portmeirion Group PLC

17 May 2018

 

17 May 2018

Portmeirion Group PLC

(the "Company" and the "Group")

AGM Statement

At the Company's Annual General Meeting to be held today at 12.00 noon, the Non-Executive

Chairman, Dick Steele, will make the following statement:

"Total Group sales are up 15% for the four months ended 30 April 2018 relative to the same period last year, driven by strong growth in both ceramic and home fragrance product divisions. On a constant currency basis total Group sales are 20% ahead of last year. We are delighted with the start to the year, however due to the seasonal nature of our business and the importance of second half trading we continue to expect full year profit before tax to be in line with market expectations."

This announcement contains inside information for the purposes of Article 7 of Regulation (EU) 596/2014 (MAR).

ENQUIRIES:

Portmeirion Group PLC:

Dick Steele                                           [phone]    [e-mail]

Non-executive Chairman

Mike Raybould                                    [phone]    [e-mail]

Group Finance Director

Hudson Sandler:

Dan de Belder                                     [phone]    [e-mail]

Nick Moore                                                                                [e-mail]

Panmure Gordon:

(Nominated Adviser and Broker):     [phone]

Freddy Crossley/ Ryan McCarthy       Corporate Finance

James Stearns                                       Corporate Broking

Cantor Fitzgerald Europe:

(Joint Broker):                                      [phone]

Catherine Leftley /Marc Milmo           Corporate Finance

Alex Pollen                                             Sales

 

END

 

 

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