Churchill China plc (AIM: CHH) – lovely results bring out upgrades

The AIM quoted manufacturer and global distributor of performance ceramic and related products to hospitality and retail markets has announced excellent results for the year ending 31 December 2014 bring out a modest upgrade from the house broker Group revenue was up a modest 3% to £44.5m but operating profit was up 26% to £4.2m, profit before tax up 28% to £4.3m and basic earnings per share up 24% to 31.2p. The proposed final dividend was lifted 13% to 11.0p bringing the full year dividend to 16.1p, equating to a yield of 2.8% at the current share price. Operating profit…