AGM Statement

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                                         [phone]          [e-mail]

Non-executive Chairman                     
Brett Phillips,                                      [phone]           [e-mail]

Group Finance Director

Bell Pottinger:

Dan de Belder                                    [phone]         [e-mail]

Kashara Taylor                                   [phone]          [e-mail]

Panmure Gordon                               [phone]

(Nominated Adviser and Broker):

Freddy Crossley/Duncan Monteith                                               Corporate Finance

Tom Salvesen / Maisie Atkinson                                                    Corporate Broking                   

 

END

 

 

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