Portmeirion sales hit record

23rd Mar 2011 13:05

Pottery group Portmeirion posted record revenues of £51.2m last year, up 19% on the previous year and boosted by strong growth in the US and Korea. Profits increased by 41% to £5.2m. Sales grew across all four main brands with Spode and Royal Worcester both very strong. "We have plans to further increase our spend on product development and have already launched over 250 new products in 2011," chairman Dick Steele said. "The new financial year has started well with revenues for the first 2 months of 2011, 15% above the corresponding period," he added. The dividend for the year increases by 10% to 17.4p.