'Excellent year' for Portmeirion

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The Independent Online

The ceramics maker Portmeirion had another "excellent year" in 2012 as demand from the US, South Korea and the UK continued to boom.

Profits rose 16 per cent to £6.3m on sales up 5 per cent at £53.6m. The dividend goes up 13 per cent to 19.6p.

The chief executive, Dick Steele, said Portmeirion launched 500 new products in 2011 and had already brought out 350 this year.

Mr Steele expects sales of its Royal Worcester and Spode designs for the Diamond Jubilee to outstrip those for last year's Royal Wedding.