13 December 2024 - trading update

The owner of leading homeware brands such as Spode and Royal Worcester as well as the candle range Wax Lyrical has issued a disappointing trading statement ahead of its year end on 31 December.  The company has seen disappointing trading in South Korea, supply delays in the key Christmas period and challenging trading conditions in the key markets of the UK and USA.  As a result, the group now expects full year revenues to be around £90m as opposed to previous expectations of £100m, with adjusted pre-tax profits likely to be around £1m compared . . .

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