We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Customisable watchlists with full streaming quotes from leading exchanges, such as LSE, NASDAQ, NYSE, AMEX, Bovespa, BIT and more.
| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Portmeirion Group Plc | LSE:PMP | London | Ordinary Share | GB0006957293 | ORD 5P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.50 | 0.98% | 257.50 | 250.00 | 265.00 | 257.50 | 257.00 | 257.00 | 22,728 | 12:23:46 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Misc Homefurnishings Stores | 111.09M | 5.56M | 0.4037 | 6.38 | 35.43M |
From Apr 2019 to Apr 2024
TIDMPMP
RNS Number : 2065O
Portmeirion Group PLC
30 September 2019
30 September 2019
Portmeirion Group PLC
(the "Company" or the "Group")
Sale of Shareholding in Furlong Mills
Portmeirion Group PLC ( AIM:PMP )the designer, manufacturer and worldwide distributor of high quality homewares under the Portmeirion, Spode, Royal Worcester, Pimpernel, Wax Lyrical and Nambé brands announces that it has sold its 44.5% stake in Furlong Mills Limited, a supplier of clay and glazes.
The sale is for GBP3.26m and will drive an extraordinary profit in 2019 of GBP0.9m.
The Group will continue to source its raw materials for its Stoke ceramic factory from Furlong Mills Limited and has signed a long term supply contract that closely mirrors its historical trading relationship with the Mill.
Dick Steele, Non-Executive Chairman, said:
"Our focus remains on growth, profitability, dividends and return on capital employed. We have a long term relationship with Furlong Mills and will continue to work closely with them. Following our recent acquisition of Nambé and the opportunities we see within the Group, we believe this capital can be better employed to fuel the future growth and performance of our business."
ENQUIRIES:
Hot Features
Premium
Portmeirion Group PLC:
Dick Steele, +44 (0) 1782 744721 steele_clan@msn.com
Non-executive Chairman
Mike Raybould, +44 (0) 1782 744721 mraybould@portmeiriongroup.com
Chief Executive
Hudson Sandler:
Dan de Belder +44 (0) 207 796 ddebelder@hudsonsandler.com
Nick Moore 4133 nmoore@hudsonsandler.com
Panmure Gordon:
(Nominated Adviser and +44 (0) 207 886
Broker) 2500
Freddy Crossley / Joanna Corporate Finance
Langley
James Stearns Corporate Broking
Cantor Fitzgerald Europe:
+44 (0) 207 894
(Joint Broker) 7000
Phil Davies / Rick Thompson Corporate Finance
Casper Shand Kydd Sales
This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.
END
DISZBLFXKKFZBBE
(END) Dow Jones Newswires
September 30, 2019 11:00 ET (15:00 GMT)
1 Year Portmeirion Chart |
1 Month Portmeirion Chart |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
