trending Market Intelligence /marketintelligence/en/news-insights/trending/-L23bghZWI77XxG-Ec9ejQ2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Portmeirion H2 profit climbs 7.7% YOY

Blog

Understanding the Basics of Social Housing Providers and Associations (SHPAs)

Blog

Tech in Banking: An Age of Digital Disruption

Blog

COVID-19 Impact & Recovery: LCD Outlook for H2 2021

Blog

COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021


Portmeirion H2 profit climbs 7.7% YOY

Portmeirion Group PLC said its second-half normalized net income amounted to 41 Great British pence per share, a gain of 8.6% from 38 pence per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was £4.3 million, a gain of 7.7% from £4.0 million in the prior-year period.

Total revenue climbed 10.8% on an annual basis to £40.8 million from £36.8 million, and total operating expenses grew 11.3% year over year to £34.0 million from £30.6 million.

Reported net income rose 8.5% on an annual basis to £5.5 million, or 53 pence per share, from £5.1 million, or 48 pence per share.

For the year, the company's normalized net income totaled 51 pence per share, compared with the S&P Capital IQ consensus normalized EPS estimate of 63 pence.

EPS rose 14.3% from 45 pence in the prior year.

Normalized net income was £5.4 million, a gain of 13.6% from £4.8 million in the prior year.

Full-year total revenue grew 11.9% year over year to £68.7 million from £61.4 million, and total operating expenses increased 11.8% year over year to £60.2 million from £53.9 million.

The company said reported net income grew 13.6% year over year to £6.9 million, or 65 pence per share, in the full year, from £6.1 million, or 57 pence per share.