Revenue improves at Portmeirion Group, but profits slide
4th Aug 2016 09:04
(ShareCast News) - Portmeirion Group announced its performance for the six months to 30 June on Thursday, with revenue of £28.5m up by 2% on the £27.9m a year ago. The AIM-traded company's profit before tax was down by 22% to £1.4m, from £1.8m, and its EBITDA slipped 8% to £2.1m from £2.3m. Earning
Read morePortmeirion shares crack on profit warning
7th Jul 2016 12:43
(ShareCast News) - Shares in homewares specialist Portmeirion Group fell by almost a quarter after its warns full-year pre-tax profits will be materially below the record £8.6m booked in 2015. Total revenue for 2016 was seen ahead of the prior year, because of the recent acquisition of the Wax Lyric
Read moreThursday broker round-up UPDATE
20th Mar 2014 09:19
Antofagasta: Deutsche Bank cuts target price from 770p to 735p and downgrades to sell. Investec cuts target price from 753p to 726p keeping its sell recommendation. Ashmore Group: HSBC Holdings lowers target price from 410p to 400p retaining its overweight rating. Avacta Group: Numis shifts target
Read moreFriday broker round-up UPDATE
10th May 2013 07:14
Afren: Westhouse Securities initiates with a target price of 160p and a buy recommendation. Ashmore Group: Credit Suisse raises target price from 375p to 440p upgrading from underperform to neutral. Barratt Developments: Citigroup increases target price from 245p to 315p leaving its neutral rating
Read moreAdvanced Oncotherapy CEO makes triple purchase
26th Apr 2013 15:09
The Chief Executive of Advanced Oncotherapy, a provider of new technology for innovative and patient-focused cancer treatments, has this week purchased three lots of shares in the group, taking his stake to just under 69.4m shares. On Thursday Sinclair purchased one round of 8.075m shares at 1.59p
Read morePortmeiron Group expects record revenues
21st Jan 2013 09:07
Homewares manufacturer Portmeirion anticipates record revenues in its annual results despite difficult economic conditions and the devastating impacts of Hurricane Sandy. The group expects revenues exceeding £55m for the year to December 31st, 2012, a 3.0% increase compared to 2011. Portmeirion c
Read moreMillennium and Copthorne Hotels non-exec makes sale
4th Apr 2012 15:45
Richard Hartman, a Non-Executive Director of FTSE 250 firm Millennium and Copthorne Hotels, sold 132,694 shares in the company on April 3rd at a price of 478.00p each. The £634,277 transaction followed the vesting of around 479,000 shares under the firm's long term incentive plan on March 30th 200
Read morePortmeirion reports strong 2011
22nd Mar 2012 14:16
Portmeirion Group, an AIM-listed pottery group, recorded a rise in revenue, pre-tax profit and earnings per share for the year ended December 31st. Revenue increased by 4.6% from £51.2m to a record £53.6m, while pre-tax profit rose to £6.3m from £5.4m (£5.2m after exceptional items), up by 16.2%.
Read morePortmeirion 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 i
Read morePortmeirion posts record revenues
20th Jan 2011 13:34
China and pottery group Portmeiron expects profit before tax to be in line with upgraded expectations after a good Christmas capped a strong year for the company. Sales were particularly strong in North America, South Korea and Italy during the full year, the company said. "The group expects to r
Read moreSunday tips round-up: Redhall, Portmeirion...
19th Dec 2010 11:38
Support services specialist Redhall focuses on three areas - defence, energy and food processing. In defence, it is a key player in the Astute submarine project, the Royal Navy's ultrasophisticated new fleet. Redhall is a solid, well-run company and it is poised to grow as the economy becomes stron
Read moreThursday tips round-up: Pearson, SuperGroup, Morgan Sindall
16th Dec 2010 06:31
Pearson still derives 75% of its revenue from print, whether that is school books, copies of the Financial Times or hit titles such as Superfreakonomics. It would be natural to assume that the publisher is in danger of coming unstuck during the undoubtedly bumpy transition to digital from paper.With
Read morePortmeirion 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 m
Read moreLondon close: Financials lead the way
9th Aug 2010 17:05
Leading equities trod water for the afternoon session consolidating strong gains made in the morning. Hopes that the US Federal Reserve will introduce new economic stimulus measures this week played well with the financial sector, with the likes of fund managers Schroders and St. James's Place and
Read moreLondon afternoon: Gains consolidated
9th Aug 2010 14:18
Footsie hit its peak at around 10:00am and has been moving sideways ever since on a relatively quiet day for corporate news. In a buoyant insurance sector Prudential is firmer prior to Thursday's results while Aviva is lifted by Panmure Gordon raising its price target from 496p to 535p. Reboundi
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