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Portmeirion Full Year 2012 Pretax Profit Rises - Quick Facts

Portmeirion Group PLC (PMP.L) reported that its full year 2012 profit before tax increased 6.6% to 6.8 million pounds from 6.3 million pounds last year. Profit for the year attributable to equity holders rose to 5.01 million pounds or 47.73 pence per share, from 4.47 million pounds or 43.12 pence per share prior year.

The company said, profit growth outstripped revenue growth as it continued to drive efficiencies through business. The Group recorded revenue of 55.5 million pounds, up 3.6% from 53.6 million pounds last year.

The Board recommended a final dividend of 17.30 pence per share bringing the total paid and proposed for the year to 21.80 pence per share, an increase of 11.2% over the amount paid in respect of 2011. The final dividend will be paid, subject to shareholders' approval, on 24 May 2013 to shareholders on the register on 26 April 2013.

by RTTNews Staff Writer

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