Portmeirion profits surge as sales hit record

15th Dec 2010 08:07

Portmeirion shares shot forward as the ceramics group indicated profit before exceptional items and taxation this year will be 'significantly ahead of market expectations'. After the 24% interim leap, revenues since June have continued significantly up on last year, the group added. Key export markets in the US, South Korea and Canada have continued to perform very well in the second half, while worldwide sales in the Spode and Royal Worcester brands have grown by over 40% on last year to exceed the target of £12m."We are delighted that 2010 will be another record year for sales as we continue to capitalise on the Spode and Royal Worcester brands," Dick Steele, non-executive chairman, said.