Full Year Trading Update
Full year trading met expectations with no change to November 2024 guidance; preliminary results in April 2025.
vs expectations: in line
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Churchill China plc (AIM: CHH), the manufacturer of innovative performance ceramic products serving hospitality markets worldwide, provides an update on trading for the year ended 31 December 2024.
The Company is pleased to confirm that trading in the final two months of the year met the Company and market's* expectations and that there is no change to the guidance issued in November 2024.
Robin Williams, Chairman of Churchill China, commented:
"Despite the challenging environment facing the Company we have taken appropriate actions and are still confident in the long-term future of the business. sWe continue to improve productivity and yield in the factory and the Company is still well positioned, with an unparalleled service offering and an innovative and differentiated performance product."
The Company expects to release its preliminary results for the year ended 31 December 2024 in April 2025.
*Market expectations anticipate profit before tax of £8.5m
Cleaned text: letterheads, contacts and legal notices removed. View the original announcement ↗ · Company filings. Not investment advice.