Churchill China ends year ahead of expectations
Performance ceramic products manufacturer Churchill China updated the market on its trading for the year ended 31 December on Monday, reporting that it had made “substantial progress” against its strategic objectives for the year.
The AIM-traded firm said it enjoyed a “strong finish” to the year, with revenue growth in export markets remaining strong across the year.
“Our performance in the UK improved in the second half of the year,” the board said in its statement.
“As a result the board now expects that operating performance will be ahead of current market estimates.”
Churchill China said it intended to announce its preliminary results for the year ended 31 December on 27 March.