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Portmeirion – I having questioned in September the likelihood of forecasts being met, what of a latest trading update?…

By Steve Moore | Wednesday 17 January 2024


Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.


Previously writing on homewares group Portmeirion (PMP), in September with the shares slightly further lower from 288p I concluded questioning whether forecasts would be met with it only in late May that it noted it had “seen some increased caution from US customers during recent weeks”. The shares most recently closed at 280p, but what of them currently at 235p on the back of a trading update?

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