Far East Move Pays Dividends for Portmeirion

Summary


Stoke-on-Trent ceramics group Portmeirion said the second half started positively, with group sales for July above last year.

The optimistic note came as it reported a tripling of first half pretax profit before exceptionals to pounds 787,000 from a restated pounds 243,000 a year earlier.

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Extract


Far East Move Pays Dividends for Portmeirion

But success is on the back of transferring work to the Far East.

Group sales declined 5.7 per cent during the six months to...

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