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Results: PMP

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EPIC PMP
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Portmeirion – interims, “encouraging year on year growth” but will it continue?

Homewares group Portmeirion (PMP) states that it “is pleased to announce its results for the six months ended 30 June 2022” and “sales are now 30% above pre-pandemic 2019 levels as we continue to successfully expand our customer base through developing online channels, new product and new geographies”. So what of a current share price down to 350p?

EPIC PMP
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Portmeirion – “encouraged that the group continues to grow”, but will that continue?...

Homewares group Portmeirion (PMP) has issued an AGM trading statement including that it “is encouraged that the group continues to grow and… confident that our ongoing strategic investments in factory automation and online platforms will enable future growth in top line sales and that ongoing improvements in productivity will further enhance margins over the long term”. So what of a share price currently of 435p, down over 8%?...

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