19 September 2024 - interim results

The manufacturer and retailer of homeware brands such as Spode and Royal Worcester has announced its interim results to 30 June and these have come in pretty much in line with expectations.  Revenue for the period was down 17% on the same period last year at £36.6m, whilst an underlying pre-tax loss of £2.0m was recorded compared to break even last year.  The fall in revenues was due to poor trading in South Korea as previously indicated and excluding that country sales were up 5% at constant currency.  The company has suffered . . .

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