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Manufacturing

Churchill China plans future investment as revenue and profits climb in 2021

The Stoke-on-Trent company has created 100 new jobs so far this year

Churchill China

Pottery giant Churchill China has seen revenue and profits climb in the first half of the year as it continues to recover from Covid-19.

For the six months to June 30, 2021, the Stoke-on-Trent-based business recorded total revenues of £23.9 million - this is 27 per cent up from the £18.9 million for the same period last year.

While pre-tax profits doubled to £1 million from £0.5 million in the first half of 2020.

Churchill bosses say the latest financial results reflect the company's "strong performance" following the lifting of Covid-19 restrictions.

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In a statement to the stock exchange, chairman Alan McWalter said: "I am pleased to report that Churchill's trading has continued to recover strongly following the easing of covid-related market restrictions in the º£½ÇÊÓÆµ, Europe and other export markets in the second quarter of 2021.

"Our decision to maintain operational levels when many of our markets were dormant has allowed us to secure a swift recovery as market demand has increased.

"Current trading is at levels ahead of the comparable period in 2019 and whilst market activity has not yet fully returned, we believe we have secured further gains in market share across our key markets in line with our long term growth objectives.