Blue Prism tumbles but others impress
While online retail continues to enjoy fabulous trading conditions, reflected in several updates covered here, a much-hyped software group evidently has its doubters, with the shares tumbling.
Portmeirion: a fantastic achievement in the circumstancesPortmeirion (LON:PMP), the homewares group with brands including Portmeirion, Spode, Royal Worcester, Wax Lyrical and Nambé, expects revenue for the year to 31 December 2020 to be at least 6% ahead of consensus expectations following a strong second half and seasonal trading performance. Revenue of at least £87m is only 12% lower on a like for like basis, which seems a fantastic achievement in the circumstances. Online sales performed strongly through the second half of the year and they now estimate that 47% of their total UK/US sales are made through online channels, up…